GPS Wealth Strategies Group LLC Sells 13,802 Shares of JPMorgan Ultra-Short Income ETF $JPST

GPS Wealth Strategies Group LLC lessened its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 52.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,746 shares of the company’s stock after selling 13,802 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $645,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in JPMorgan Ultra-Short Income ETF by 8.8% in the third quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock valued at $4,907,764,000 after acquiring an additional 7,786,258 shares during the last quarter. Bank of America Corp DE grew its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after buying an additional 2,162,615 shares during the last quarter. UBS Group AG grew its stake in shares of JPMorgan Ultra-Short Income ETF by 5.9% during the fourth quarter. UBS Group AG now owns 9,469,398 shares of the company’s stock valued at $479,057,000 after buying an additional 531,080 shares during the last quarter. HB Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 1.5% during the fourth quarter. HB Wealth Management LLC now owns 9,443,109 shares of the company’s stock valued at $475,272,000 after buying an additional 140,546 shares during the last quarter. Finally, Axxcess Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 568.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock valued at $393,694,000 after buying an additional 6,617,940 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.53 on Friday. The business’s 50 day simple moving average is $50.53 and its two-hundred day simple moving average is $50.62. The stock has a market capitalization of $37.56 billion, a P/E ratio of 109.85 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.42 and a one year 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.