TD Waterhouse Canada Inc. Cuts Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

TD Waterhouse Canada Inc. cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 38.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 61,016 shares of the company’s stock after selling 38,273 shares during the period. TD Waterhouse Canada Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,075,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in JPMorgan Ultra-Short Income ETF by 10.1% in the fourth quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after acquiring an additional 9,729,791 shares during the last quarter. Morgan Stanley raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.4% in the 4th quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock valued at $3,109,705,000 after purchasing an additional 1,449,509 shares in the last quarter. LPL Financial LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after purchasing an additional 1,459,312 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after purchasing an additional 2,162,615 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock worth $579,023,000 after purchasing an additional 194,855 shares during the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.39 on Tuesday. The firm has a fifty day moving average price of $50.47 and a 200 day moving average price of $50.52. The company has a market cap of $40.29 billion, a P/E ratio of 109.54 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.35 and a 12 month high of $50.79.

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.