JPMorgan Ultra-Short Income ETF $JPST Stock Sold by Private Client Services LLC

Private Client Services LLC lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 87.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,718 shares of the company’s stock after selling 98,488 shares during the period. Private Client Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $741,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in JPST. Strengthening Families & Communities LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $28,000. Sittner & Nelson LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $30,000. Motiv8 Investments LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $32,000. Beacon Financial Strategies CORP purchased a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth about $34,000. Finally, Allied Private Wealth LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth about $38,000. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock traded up $0.01 during trading hours on Friday, reaching $50.23. 4,874,548 shares of the company traded hands, compared to its average volume of 6,789,632. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.79. The company has a market cap of $41.67 billion, a P/E ratio of 109.18 and a beta of 0.01. The firm has a 50-day moving average price of $50.43 and a 200 day moving average price of $50.48.

JPMorgan Ultra-Short Income ETF Company 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.