JPMorgan Ultra-Short Income ETF $JPST Stock Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,056,035 shares of the company’s stock after selling 24,165 shares during the period. Commonwealth Equity Services LLC owned 0.24% of JPMorgan Ultra-Short Income ETF worth $103,562,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TFB Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $972,000. Wealth Dimensions Group Ltd. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $317,000. Kestra Private Wealth Services LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 38.7% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 237,910 shares of the company’s stock valued at $11,984,000 after purchasing an additional 66,388 shares in the last quarter. Strategent Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 221.1% in the third quarter. Strategent Financial LLC now owns 161,678 shares of the company’s stock valued at $8,144,000 after purchasing an additional 111,330 shares during the period. Finally, Clear Point Advisors Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 45.4% in the third quarter. Clear Point Advisors Inc. now owns 42,727 shares of the company’s stock valued at $2,152,000 after purchasing an additional 13,335 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of NYSEARCA:JPST traded up $0.02 during trading on Friday, hitting $50.30. 9,167,335 shares of the stock were exchanged, compared to its average volume of 6,954,212. The company has a fifty day moving average price of $50.34 and a two-hundred day moving average price of $50.49. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.79. The company has a market cap of $42.55 billion, a PE ratio of 109.35 and a beta of 0.02.

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.