Whitaker Myers Wealth Managers LTD. Sells 76,973 Shares of JPMorgan Ultra-Short Income ETF $JPST

Whitaker Myers Wealth Managers LTD. trimmed its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 26.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 216,608 shares of the company’s stock after selling 76,973 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 2.4% of Whitaker Myers Wealth Managers LTD.’s portfolio, making the stock its 16th biggest holding. Whitaker Myers Wealth Managers LTD.’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,989,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of JPST. VCI Wealth Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 6.6% in the third quarter. VCI Wealth Management LLC now owns 279,248 shares of the company’s stock worth $14,166,000 after buying an additional 17,282 shares during the last quarter. Financial Management Professionals Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 2.4% in the 3rd quarter. Financial Management Professionals Inc. now owns 321,392 shares of the company’s stock valued at $16,304,000 after acquiring an additional 7,380 shares in the last quarter. CWM LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 2.4% in the 3rd quarter. CWM LLC now owns 1,161,836 shares of the company’s stock valued at $58,940,000 after acquiring an additional 27,067 shares in the last quarter. Independent Wealth Network Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 19.0% in the 3rd quarter. Independent Wealth Network Inc. now owns 196,277 shares of the company’s stock worth $9,957,000 after purchasing an additional 31,273 shares during the last quarter. Finally, World Investment Advisors boosted its position in JPMorgan Ultra-Short Income ETF by 46.1% during the third quarter. World Investment Advisors now owns 24,162 shares of the company’s stock worth $1,226,000 after purchasing an additional 7,626 shares during the period. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

Shares of JPST stock opened at $50.73 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.78. The company has a market cap of $34.26 billion, a PE ratio of 110.28 and a beta of 0.01. The business’s 50 day moving average is $50.67 and its two-hundred day moving average is $50.64.

About JPMorgan Ultra-Short Income ETF

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.