Castleview Partners LLC Sells 35,799 Shares of JPMorgan Ultra-Short Income ETF $JPST

Castleview Partners LLC lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 43.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 46,486 shares of the company’s stock after selling 35,799 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.2% of Castleview Partners LLC’s holdings, making the stock its 17th largest holding. Castleview Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,353,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Cardiff Park Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $25,000. Jackson Hole Capital Partners LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $28,000. Sittner & Nelson LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $30,000. Motiv8 Investments LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $32,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $38,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST remained flat at $50.45 during trading hours on Friday. 7,859,971 shares of the company traded hands, compared to its average volume of 6,763,187. The stock’s fifty day moving average price is $50.50 and its 200-day moving average price is $50.58. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.39 and a 1 year high of $50.79. The company has a market capitalization of $39.78 billion, a PE ratio of 109.67 and a beta of 0.01.

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.