Montag A & Associates Inc. Reduces Position in JPMorgan Ultra-Short Income ETF $JPST

Montag A & Associates Inc. decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPSTFree Report) by 14.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 235,144 shares of the company’s stock after selling 41,159 shares during the quarter. Montag A & Associates Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,901,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of JPST. Cardiff Park Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $25,000. Jackson Hole Capital Partners LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $28,000. Sittner & Nelson LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $30,000. Motiv8 Investments LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $32,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $38,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.43 on Wednesday. The company has a market cap of $39.27 billion, a P/E ratio of 109.63 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.39 and a 1 year high of $50.79. The stock’s fifty day moving average price is $50.50 and its 200-day moving average price is $50.58.

About JPMorgan Ultra-Short Income ETF

(Free Report)

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.

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Institutional Ownership by Quarter for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

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