JPMorgan Ultra-Short Income ETF $JPST is MGO One Seven LLC’s 5th Largest Position

MGO One Seven LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 853,286 shares of the company’s stock after selling 12,767 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 1.4% of MGO One Seven LLC’s holdings, making the stock its 5th largest position. MGO One Seven LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $43,245,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in JPMorgan Ultra-Short Income ETF by 2.7% during the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock worth $5,068,793,000 after buying an additional 2,598,084 shares during the last quarter. Temasek Holdings Private Ltd purchased a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter worth about $842,655,000. LPL Financial LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 19.4% during the first quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock worth $767,511,000 after purchasing an additional 2,464,430 shares during the last quarter. HB Wealth Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 4.0% during the second quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock worth $450,480,000 after purchasing an additional 342,791 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in 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 purchasing an additional 1,265,522 shares during the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

JPST stock opened at $50.64 on Monday. The business has a 50 day moving average price of $50.65 and a 200 day moving average price of $50.57. The stock has a market cap of $34.15 billion, a price-to-earnings ratio of 110.09 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.76.

About JPMorgan Ultra-Short Income ETF

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.