JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Financial Security Advisor Inc.

Financial Security Advisor Inc. reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 225,546 shares of the company’s stock after selling 10,776 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 2.2% of Financial Security Advisor Inc.’s holdings, making the stock its 11th largest position. Financial Security Advisor Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,451,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of JPST. Millennium Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 23.0% during the first quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock valued at $12,575,000 after acquiring an additional 46,400 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $3,603,000. EverSource Wealth Advisors LLC raised its position in JPMorgan Ultra-Short Income ETF by 99.6% during the second quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock valued at $50,000 after acquiring an additional 496 shares in the last quarter. First Trust Advisors LP purchased a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $203,000. Finally, Brown Advisory Inc. raised its position in JPMorgan Ultra-Short Income ETF by 7.6% during the second quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock valued at $310,000 after acquiring an additional 431 shares in the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Down 0.0%

Shares of JPST stock opened at $50.50 on Friday. The stock has a 50 day moving average of $50.53 and a 200 day moving average of $50.62. The stock has a market cap of $37.53 billion, a P/E ratio of 109.78 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.42 and a twelve month high of $50.79.

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.