JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Cahill Financial Advisors Inc.

Cahill Financial Advisors Inc. cut its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 33.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,603 shares of the company’s stock after selling 13,620 shares during the quarter. Cahill Financial Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,396,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 10.1% during the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after purchasing an additional 9,729,791 shares in the last quarter. Axxcess Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 568.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock worth $393,694,000 after purchasing an additional 6,617,940 shares during the period. Bank of America Corp DE increased 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. Adventist Health System Sunbelt Healthcare Corp increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 215.9% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock valued at $142,290,000 after purchasing an additional 1,921,600 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 8.0% in the fourth 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 during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA JPST opened at $50.40 on Thursday. The stock has a market capitalization of $40.30 billion, a price-to-earnings ratio of 109.57 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.35 and a 52 week high of $50.79. The firm has a 50-day moving average price of $50.47 and a 200 day moving average price of $50.51.

JPMorgan Ultra-Short Income ETF Company 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.