JPMorgan Ultra-Short Income ETF $JPST Stock Holdings Reduced by White Wing Wealth Management

White Wing Wealth Management lowered its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 388,423 shares of the company’s stock after selling 13,385 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 10.2% of White Wing Wealth Management’s portfolio, making the stock its 3rd biggest position. White Wing Wealth Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $19,643,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 10.1% during the fourth quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock valued at $5,386,450,000 after purchasing an additional 9,729,791 shares in the last quarter. Morgan Stanley raised its stake in JPMorgan Ultra-Short Income ETF by 2.4% in the fourth quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock worth $3,109,705,000 after buying an additional 1,449,509 shares in the last quarter. LPL Financial LLC raised its stake in JPMorgan Ultra-Short Income ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after buying an additional 1,459,312 shares in the last quarter. Bank of America Corp DE lifted its holdings in JPMorgan Ultra-Short Income ETF by 15.3% during the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after buying an additional 2,162,615 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock worth $579,023,000 after buying an additional 194,855 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

Shares of NYSEARCA JPST opened at $50.44 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79. The stock’s fifty day simple moving average is $50.47 and its two-hundred day simple moving average is $50.55. The stock has a market capitalization of $40.33 billion, a PE ratio of 109.65 and a beta of 0.01.

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.