Hartford Financial Management Inc. Decreases Position in JPMorgan Ultra-Short Income ETF $JPST

Hartford Financial Management Inc. reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 47.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 44,486 shares of the company’s stock after selling 40,503 shares during the quarter. Hartford Financial Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,257,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JPST. Brentview Investment Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $35,000. Silicon Valley Capital Partners purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at $37,000. American National Bank & Trust acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $38,000. Quaker Wealth Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 173.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after buying an additional 1,906 shares during the period. Finally, Vestor Capital LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $41,000. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.66 on Thursday. The firm has a 50-day moving average of $50.66 and a two-hundred day moving average of $50.65. The stock has a market cap of $35.94 billion, a P/E ratio of 110.13 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.78.

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.