JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Bank of Montreal Can

Bank of Montreal Can decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 65,766 shares of the company’s stock after selling 4,963 shares during the quarter. Bank of Montreal Can’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,333,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Centurion Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.0% in the 2nd quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock valued at $515,000 after purchasing an additional 200 shares in the last quarter. Kathleen S. Wright Associates Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 2.3% during the second quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock worth $497,000 after buying an additional 220 shares in the last quarter. CWC Advisors LLC. grew its position in JPMorgan Ultra-Short Income ETF by 5.1% during the second quarter. CWC Advisors LLC. now owns 5,468 shares of the company’s stock worth $277,000 after buying an additional 263 shares during the period. Muirfield Wealth Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 7.1% during the second quarter. Muirfield Wealth Advisors LLC now owns 4,326 shares of the company’s stock worth $219,000 after buying an additional 286 shares during the period. Finally, GEM Asset Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 4.0% in the second quarter. GEM Asset Management LLC now owns 8,049 shares of the company’s stock valued at $406,000 after buying an additional 311 shares in the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPST stock opened at $50.63 on Wednesday. The firm has a 50 day moving average of $50.67 and a 200-day moving average of $50.60. The company has a market cap of $34.20 billion, a price-to-earnings ratio of 110.07 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.78.

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.