Integrated Advisors Network LLC Lowers Holdings in JPMorgan Ultra-Short Income ETF $JPST

Integrated Advisors Network LLC lowered its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 52.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,287 shares of the company’s stock after selling 30,927 shares during the period. Integrated Advisors Network LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,432,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in JPST. Cardiff Park Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $25,000. Jackson Hole Capital Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $28,000. Sittner & Nelson LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $30,000. Motiv8 Investments LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $32,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $38,000. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.44 on Thursday. The business has a fifty day moving average price of $50.50 and a 200 day moving average price of $50.58. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.39 and a 12 month high of $50.79. The stock has a market capitalization of $39.69 billion, a price-to-earnings ratio of 109.65 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF Profile

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.