Essex LLC Has $3.58 Million Holdings in JPMorgan Ultra-Short Income ETF $JPST

Essex LLC decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 70,631 shares of the company’s stock after selling 2,903 shares during the quarter. Essex LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,580,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Chelsea Counsel Co. acquired a new stake in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at approximately $25,000. Pandora Wealth Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth approximately $34,000. Cooksen Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $36,000. Frazier Financial Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $41,000. Finally, TD Private Client Wealth LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth $48,000. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of JPST opened at $50.67 on Wednesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.76. The firm has a fifty day simple moving average of $50.66 and a 200 day simple moving average of $50.57. The stock has a market capitalization of $34.17 billion, a price-to-earnings ratio of 110.15 and a beta of 0.03.

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.