JPMorgan Ultra-Short Income ETF $JPST Stock Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 196,999 shares of the company’s stock after selling 17,271 shares during the period. Prime Capital Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,923,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of JPST. HB Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 5.4% in the 2nd quarter. HB Wealth Management LLC now owns 10,065,428 shares of the company’s stock valued at $506,509,000 after buying an additional 514,497 shares in the last quarter. Royal Bank of Canada grew its stake in shares of JPMorgan Ultra-Short Income ETF by 11.1% during the 1st quarter. Royal Bank of Canada now owns 5,372,821 shares of the company’s stock worth $271,917,000 after acquiring an additional 534,875 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in JPMorgan Ultra-Short Income ETF by 7.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,647,775 shares of the company’s stock valued at $184,468,000 after purchasing an additional 245,314 shares in the last quarter. Cetera Investment Advisers increased its position in shares of JPMorgan Ultra-Short Income ETF by 10.2% in the first quarter. Cetera Investment Advisers now owns 3,377,302 shares of the company’s stock valued at $170,925,000 after acquiring an additional 312,033 shares during the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp increased its position in shares of JPMorgan Ultra-Short Income ETF by 215.9% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after purchasing an additional 1,921,600 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

NYSEARCA JPST opened at $50.35 on Wednesday. The firm has a market capitalization of $42.53 billion, a P/E ratio of 109.46 and a beta of 0.01. The firm’s fifty day moving average price is $50.39 and its two-hundred day moving average price is $50.46. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.79.

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.