TD Waterhouse Canada Inc. Sells 10,495 Shares of JPMorgan Ultra-Short Income ETF $JPST

TD Waterhouse Canada Inc. decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.4% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 131,280 shares of the company’s stock after selling 10,495 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,528,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of JPST. Rossmore Private Capital purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at about $25,000. Brentview Investment Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth about $35,000. Silicon Valley Capital Partners bought a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $37,000. American National Bank & Trust purchased a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $38,000. Finally, Frazier Financial Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $41,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.78 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.79. The business has a 50 day simple moving average of $50.68 and a two-hundred day simple moving average of $50.66. The company has a market capitalization of $36.43 billion, a price-to-earnings ratio of 110.39 and a beta of 0.01.

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.