13,860 JPMorgan Ultra-Short Income ETF $JPST Shares Sold by YHB Investment Advisors Inc.

YHB Investment Advisors Inc. decreased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 397,889 shares of the company’s stock after selling 13,860 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 1.3% of YHB Investment Advisors Inc.’s portfolio, making the stock its 17th largest position. YHB Investment Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $20,042,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Adventist Health System Sunbelt Healthcare Corp increased its position in 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 worth $142,290,000 after buying an additional 1,921,600 shares during the period. John A. Wolfe & Associates Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $63,540,000. Focus Partners Wealth grew its stake in shares of JPMorgan Ultra-Short Income ETF by 149.9% in the fourth quarter. Focus Partners Wealth now owns 1,440,192 shares of the company’s stock worth $72,957,000 after acquiring an additional 863,988 shares during the last quarter. Kensington Asset Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 71.7% during the first quarter. Kensington Asset Management LLC now owns 1,994,639 shares of the company’s stock worth $100,949,000 after acquiring an additional 832,640 shares during the period. Finally, Axxcess Wealth Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 65.4% during the fourth quarter. Axxcess Wealth Management LLC now owns 1,925,152 shares of the company’s stock worth $97,393,000 after acquiring an additional 761,030 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

NYSEARCA:JPST traded up $0.01 during trading hours on Thursday, hitting $50.28. 4,487,092 shares of the company traded hands, compared to its average volume of 6,789,764. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.79. The firm has a 50-day moving average of $50.41 and a 200 day moving average of $50.47. The stock has a market capitalization of $42.39 billion, a price-to-earnings ratio of 109.32 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.