MGO One Seven LLC Sells 91,127 Shares of JPMorgan Ultra-Short Income ETF $JPST

MGO One Seven LLC lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 762,159 shares of the company’s stock after selling 91,127 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 0.9% of MGO One Seven LLC’s portfolio, making the stock its 14th largest position. MGO One Seven LLC owned 0.11% of JPMorgan Ultra-Short Income ETF worth $38,664,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sandy Cove Advisors LLC grew its stake in JPMorgan Ultra-Short Income ETF by 3,571.4% in the third quarter. Sandy Cove Advisors LLC now owns 150,711 shares of the company’s stock valued at $7,646,000 after purchasing an additional 146,606 shares during the last quarter. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth $3,946,000. Crane Advisory LLC raised its stake in JPMorgan Ultra-Short Income ETF by 4.0% in the 3rd quarter. Crane Advisory LLC now owns 1,477,574 shares of the company’s stock worth $74,780,000 after acquiring an additional 56,362 shares during the last quarter. Strategent Financial LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.4% during the second quarter. Strategent Financial LLC now owns 349,122 shares of the company’s stock worth $17,694,000 after purchasing an additional 4,657 shares during the period. Finally, Catalina Capital Group LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 20.5% during the 3rd quarter. Catalina Capital Group LLC now owns 162,455 shares of the company’s stock valued at $8,241,000 after acquiring an additional 27,689 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.63 on Monday. The firm’s fifty day moving average is $50.66 and its two-hundred day moving average is $50.65. The firm has a market cap of $35.86 billion, a price-to-earnings ratio of 110.07 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.78.

About JPMorgan Ultra-Short Income ETF

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.