JPMorgan Ultra-Short Income ETF $JPST Stock Sold by Greenwich Wealth Management LLC

Greenwich Wealth Management LLC lowered its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 27.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 48,750 shares of the company’s stock after selling 18,462 shares during the period. Greenwich Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,465,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in JPST. Nicholson Meyer Capital Management Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 0.9% during the 1st quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock worth $1,128,000 after acquiring an additional 202 shares during the period. Whipplewood Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 1.2% in the first quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock worth $936,000 after purchasing an additional 227 shares during the last quarter. Vista Cima Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 0.7% in the second quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock worth $1,766,000 after purchasing an additional 239 shares during the last quarter. Secured Retirement Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.1% during the first quarter. Secured Retirement Advisors LLC now owns 5,003 shares of the company’s stock worth $253,000 after purchasing an additional 243 shares during the period. Finally, Signal Advisors Wealth LLC boosted its position in JPMorgan Ultra-Short Income ETF by 1.0% in the first quarter. Signal Advisors Wealth LLC now owns 26,452 shares of the company’s stock valued at $1,339,000 after buying an additional 252 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

JPST traded up $0.01 during trading on Tuesday, reaching $50.37. 8,219,100 shares of the company’s stock were exchanged, compared to its average volume of 6,669,981. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.33 and a 1 year high of $50.79. The stock has a market capitalization of $41.78 billion, a P/E ratio of 109.49 and a beta of 0.01. The company’s fifty day simple moving average is $50.44 and its 200-day simple moving average is $50.49.

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.