JPMorgan Ultra-Short Income ETF $JPST Position Reduced by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC trimmed its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 33.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,187 shares of the company’s stock after selling 25,260 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,487,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cardiff Park Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $25,000. Jackson Hole Capital Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $28,000. Sittner & Nelson LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $30,000. Motiv8 Investments LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $32,000. Finally, Beacon Financial Strategies CORP bought a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth $34,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.46 on Thursday. The stock has a market capitalization of $40.35 billion, a PE ratio of 109.70 and a beta of 0.01. The business’s fifty day moving average price is $50.47 and its 200 day moving average price is $50.54. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79.

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.