JPMorgan Ultra-Short Income ETF $JPST is Soltis Investment Advisors LLC’s 8th Largest Position

Soltis Investment Advisors LLC decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.3% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 487,444 shares of the company’s stock after selling 6,647 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.9% of Soltis Investment Advisors LLC’s holdings, making the stock its 8th biggest holding. Soltis Investment Advisors LLC owned approximately 0.08% of JPMorgan Ultra-Short Income ETF worth $24,704,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its stake 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 purchasing an additional 2,598,084 shares in the last quarter. Temasek Holdings Private Ltd purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at $842,655,000. LPL Financial LLC boosted its stake 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 purchasing an additional 2,464,430 shares in the last quarter. HB Wealth Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.0% in the 2nd quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock valued at $450,480,000 after purchasing an additional 342,791 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 22.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after purchasing an additional 1,265,522 shares in 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 JPST opened at $50.59 on Thursday. The stock has a market capitalization of $34.17 billion, a P/E ratio of 109.98 and a beta of 0.01. The firm has a fifty day simple moving average of $50.68 and a two-hundred day simple moving average of $50.60. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.78.

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.