Barrett & Company Inc. Trims Stake in JPMorgan Ultra-Short Income ETF $JPST

Barrett & Company Inc. lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 3,475 shares of the company’s stock after selling 200 shares during the period. Barrett & Company Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $176,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of JPST. Temasek Holdings Private Ltd purchased a new stake in JPMorgan Ultra-Short Income ETF in the 1st quarter worth $842,655,000. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.7% in the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock valued at $5,068,793,000 after acquiring an additional 2,598,084 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 19.4% in the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock valued at $767,511,000 after acquiring an additional 2,464,430 shares during the last quarter. Exchange Traded Concepts LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1,058.1% in the 1st quarter. Exchange Traded Concepts LLC now owns 1,740,737 shares of the company’s stock valued at $88,134,000 after acquiring an additional 1,590,431 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 22.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after purchasing an additional 1,265,522 shares during the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.61 on Friday. The company has a market cap of $34.00 billion, a P/E ratio of 110.02 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.76. The firm has a 50-day simple moving average of $50.65 and a two-hundred day simple moving average of $50.57.

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.