JPMorgan Ultra-Short Income ETF $JPST Stake Trimmed by Members Capital Advisors Inc.

Members Capital Advisors Inc. trimmed its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 50.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 495,000 shares of the company’s stock after selling 500,000 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 29.0% of Members Capital Advisors Inc.’s holdings, making the stock its 3rd biggest position. Members Capital Advisors Inc. owned approximately 0.08% of JPMorgan Ultra-Short Income ETF worth $25,087,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JPST. Envestnet Portfolio Solutions Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 239.7% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 75,337 shares of the company’s stock valued at $3,814,000 after acquiring an additional 53,162 shares during the last quarter. Lighthouse Wealth Management Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 2.4% in the first quarter. Lighthouse Wealth Management Inc. now owns 11,833 shares of the company’s stock valued at $599,000 after acquiring an additional 273 shares during the last quarter. Sage Financial Group Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 5.6% in the first quarter. Sage Financial Group Inc. now owns 43,322 shares of the company’s stock valued at $2,193,000 after acquiring an additional 2,297 shares during the last quarter. Buck Wealth Strategies LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 73.5% in the first quarter. Buck Wealth Strategies LLC now owns 236,137 shares of the company’s stock valued at $11,956,000 after acquiring an additional 100,032 shares during the last quarter. Finally, Ellis Investment Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the first quarter valued at about $361,000. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPST opened at $50.72 on Monday. The stock has a market cap of $34.20 billion, a price-to-earnings ratio of 110.26 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.76. The company’s 50-day moving average price is $50.67 and its two-hundred day moving average price is $50.58.

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.