JPMorgan Ultra-Short Income ETF $JPST Position Decreased by Tarbox Family Office Inc.

Tarbox Family Office Inc. reduced its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,258 shares of the company’s stock after selling 4,844 shares during the quarter. Tarbox Family Office Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,280,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JPST. Chelsea Counsel Co. acquired a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth approximately $25,000. Pandora Wealth Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth $34,000. Frazier Financial Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $41,000. Quaker Wealth Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 173.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after acquiring an additional 1,906 shares during the last quarter. Finally, TD Private Client Wealth LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $48,000. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.68 on Thursday. The stock has a market cap of $34.23 billion, a price-to-earnings ratio of 110.17 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.78. The company has a 50-day moving average of $50.68 and a two-hundred day moving average of $50.61.

JPMorgan Ultra-Short Income ETF Company 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.