Lifeworks Advisors LLC Sells 28,151 Shares of JPMorgan Ultra-Short Income ETF $JPST

Lifeworks Advisors LLC lessened its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 81.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,339 shares of the company’s stock after selling 28,151 shares during the period. Lifeworks Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $321,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Cardiff Park Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $25,000. Jackson Hole Capital Partners LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $28,000. Sittner & Nelson LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $30,000. Motiv8 Investments LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $32,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $38,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.44 on Tuesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.39 and a 1 year high of $50.79. The company has a market capitalization of $39.78 billion, a price-to-earnings ratio of 109.65 and a beta of 0.01. The business has a 50-day moving average of $50.49 and a 200-day moving average of $50.57.

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.