JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Halbert Hargrove Global Advisors LLC

Halbert Hargrove Global Advisors LLC trimmed its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 46.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 74,531 shares of the company’s stock after selling 65,434 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 0.2% of Halbert Hargrove Global Advisors LLC’s investment portfolio, making the stock its 25th biggest holding. Halbert Hargrove Global Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,754,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JPST. HB Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.4% in the second quarter. HB Wealth Management LLC now owns 10,065,428 shares of the company’s stock valued at $506,509,000 after purchasing an additional 514,497 shares in the last quarter. Royal Bank of Canada lifted its stake in JPMorgan Ultra-Short Income ETF by 11.1% in the 1st quarter. Royal Bank of Canada now owns 5,372,821 shares of the company’s stock worth $271,917,000 after acquiring an additional 534,875 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in JPMorgan Ultra-Short Income ETF by 7.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,647,775 shares of the company’s stock worth $184,468,000 after acquiring an additional 245,314 shares in the last quarter. Cetera Investment Advisers lifted its stake in JPMorgan Ultra-Short Income ETF by 10.2% in the 1st quarter. Cetera Investment Advisers now owns 3,377,302 shares of the company’s stock worth $170,925,000 after acquiring an additional 312,033 shares in the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp boosted its position in JPMorgan Ultra-Short Income ETF by 215.9% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after acquiring an additional 1,921,600 shares during the period. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of NYSEARCA JPST opened at $50.32 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79. The business has a 50-day moving average price of $50.39 and a two-hundred day moving average price of $50.46. The firm has a market capitalization of $42.44 billion, a PE ratio of 109.39 and a beta of 0.01.

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.