JPMorgan Ultra-Short Income ETF $JPST Stock: Interchange Capital Partners LLC Trims Stake

Interchange Capital Partners LLC trimmed its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 164,213 shares of the company’s stock after selling 31,090 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.4% of Interchange Capital Partners LLC’s portfolio, making the stock its 11th biggest position. Interchange Capital Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in JPST. Adventist Health System Sunbelt Healthcare Corp raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 215.9% in the first 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. Fluent Financial LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 454.3% during the third quarter. Fluent Financial LLC now owns 1,217,803 shares of the company’s stock valued at $61,341,000 after acquiring an additional 998,097 shares in the last quarter. Kensington Asset Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 71.7% in the first quarter. Kensington Asset Management LLC now owns 1,994,639 shares of the company’s stock worth $100,949,000 after buying an additional 832,640 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 50.0% in the second quarter. HighTower Advisors LLC now owns 1,988,463 shares of the company’s stock worth $100,557,000 after buying an additional 662,886 shares during the last quarter. Finally, Ridgepath Capital Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 214.7% during the first quarter. Ridgepath Capital Management LLC now owns 938,877 shares of the company’s stock worth $47,517,000 after buying an additional 640,542 shares during the period. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.41 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.79. The company has a fifty day moving average price of $50.37 and a 200-day moving average price of $50.51. The firm has a market cap of $43.11 billion, a price-to-earnings ratio of 109.59 and a beta of 0.01.

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.