Helen Stephens Group LLC Sells 27,798 Shares of JPMorgan Ultra-Short Income ETF $JPST

Helen Stephens Group LLC trimmed its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,715 shares of the company’s stock after selling 27,798 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 2.5% of Helen Stephens Group LLC’s portfolio, making the stock its 10th largest holding. Helen Stephens Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,919,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. NewSquare Capital LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 158.2% in the 1st quarter. NewSquare Capital LLC now owns 24,220 shares of the company’s stock worth $1,226,000 after purchasing an additional 14,838 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 10.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,588,353 shares of the company’s stock worth $282,938,000 after purchasing an additional 506,315 shares during the period. Stone Summit Wealth LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 32.9% in the 1st quarter. Stone Summit Wealth LLC now owns 43,236 shares of the company’s stock worth $2,189,000 after purchasing an additional 10,713 shares during the period. Tiemann Investment Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 9.3% in the 1st quarter. Tiemann Investment Advisors LLC now owns 135,537 shares of the company’s stock worth $6,862,000 after purchasing an additional 11,570 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 624.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 8,319 shares of the company’s stock worth $421,000 after purchasing an additional 7,170 shares during the period. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.68 on Friday. The stock’s 50-day moving average is $50.61 and its 200-day moving average is $50.55. The company has a market cap of $32.36 billion, a price-to-earnings ratio of 110.17 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.75.

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.