OakTrust Wealth Advisors LLC Has $3.61 Million Stock Position in JPMorgan Ultra-Short Income ETF $JPST

OakTrust Wealth Advisors LLC lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 34.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 71,313 shares of the company’s stock after selling 37,389 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 3.3% of OakTrust Wealth Advisors LLC’s holdings, making the stock its 12th biggest holding. OakTrust Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,609,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Mezzasalma Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 70.9% during the fourth quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock worth $4,082,000 after purchasing an additional 33,446 shares during the period. Webster Bank N. A. increased its holdings in JPMorgan Ultra-Short Income ETF by 27.0% in the fourth quarter. Webster Bank N. A. now owns 107,339 shares of the company’s stock valued at $5,430,000 after purchasing an additional 22,815 shares during the period. Buck Wealth Strategies LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 7.3% in the fourth quarter. Buck Wealth Strategies LLC now owns 283,986 shares of the company’s stock valued at $14,367,000 after purchasing an additional 19,402 shares during the period. Greenberg Financial Group acquired a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $1,544,000. Finally, Optima Capital LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $3,485,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA:JPST opened at $50.58 on Tuesday. The firm has a market cap of $37.59 billion, a P/E ratio of 109.96 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.41 and a 12-month high of $50.79. The business has a fifty day simple moving average of $50.52 and a 200 day simple moving average of $50.59.

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.