Good Life Advisors LLC Has $10.08 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Good Life Advisors LLC cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 198,982 shares of the company’s stock after selling 1,088 shares during the period. Good Life Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,084,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Temasek Holdings Private Ltd bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter worth $842,655,000. JPMorgan Chase & Co. grew its position in shares of JPMorgan Ultra-Short Income ETF by 2.7% in the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock valued at $5,068,793,000 after buying an additional 2,598,084 shares during the last quarter. LPL Financial LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 19.4% in the first quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock valued at $767,511,000 after buying an additional 2,464,430 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 22.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after acquiring an additional 1,265,522 shares during the last quarter. Finally, Fountainhead AM LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 153.9% during the first quarter. Fountainhead AM LLC now owns 1,799,998 shares of the company’s stock worth $91,134,000 after acquiring an additional 1,091,012 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.63 on Thursday. The stock has a market capitalization of $34.20 billion, a PE ratio of 110.07 and a beta of 0.01. The business’s 50 day simple moving average is $50.67 and its 200 day simple moving average is $50.60. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.78.

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.