JPMorgan Ultra-Short Income ETF $JPST Position Cut by HBW Advisory Services LLC

HBW Advisory Services LLC decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 211,186 shares of the company’s stock after selling 15,756 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 1.0% of HBW Advisory Services LLC’s portfolio, making the stock its 19th biggest holding. HBW Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,637,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Rose Capital Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth about $543,000. Integrated Wealth Concepts LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 3.3% in the second quarter. Integrated Wealth Concepts LLC now owns 1,168,286 shares of the company’s stock valued at $59,080,000 after buying an additional 37,846 shares in the last quarter. Worth Asset Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 81.2% in the third quarter. Worth Asset Management LLC now owns 187,616 shares of the company’s stock valued at $9,450,000 after buying an additional 84,093 shares in the last quarter. Beacon Financial Advisory LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 14.0% during the 2nd quarter. Beacon Financial Advisory LLC now owns 168,730 shares of the company’s stock valued at $8,533,000 after acquiring an additional 20,732 shares during the period. Finally, First Citizens Financial Corp lifted its position in shares of JPMorgan Ultra-Short Income ETF by 31.8% during the 3rd quarter. First Citizens Financial Corp now owns 139,734 shares of the company’s stock valued at $7,038,000 after acquiring an additional 33,723 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.30 on Thursday. The business’s 50 day simple moving average is $50.40 and its 200-day simple moving average is $50.46. The firm has a market capitalization of $42.43 billion, a price-to-earnings ratio of 109.35 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79.

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.