JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC trimmed its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 86,739 shares of the company’s stock after selling 5,421 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,396,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BridgePort Financial Solutions LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $369,000. USAdvisors Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the 2nd quarter. USAdvisors Wealth Management LLC now owns 47,780 shares of the company’s stock worth $2,421,000 after buying an additional 1,254 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $500,000. AIFG Consultants Ltd. boosted its holdings in JPMorgan Ultra-Short Income ETF by 10.2% in the second quarter. AIFG Consultants Ltd. now owns 18,611 shares of the company’s stock valued at $943,000 after acquiring an additional 1,723 shares during the last quarter. Finally, Fortis Capital Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at about $233,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.61 on Monday. The business has a 50-day moving average of $50.65 and a two-hundred day moving average of $50.57. The firm has a market capitalization of $34.00 billion, a PE ratio of 110.02 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 $50.76.

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.