Hudock Inc. Reduces Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Hudock Inc. trimmed its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 380,847 shares of the company’s stock after selling 12,051 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 3.1% of Hudock Inc.’s investment portfolio, making the stock its 12th largest holding. Hudock Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $19,301,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in JPST. JPMorgan Chase & Co. increased its position in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the first quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock worth $5,068,793,000 after acquiring an additional 2,598,084 shares during the period. Temasek Holdings Private Ltd bought a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth approximately $842,655,000. LPL Financial LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 19.4% during the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock worth $767,511,000 after purchasing an additional 2,464,430 shares during the period. HB Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 4.0% during the 2nd quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock worth $450,480,000 after purchasing an additional 342,791 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in JPMorgan Ultra-Short Income ETF by 22.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after purchasing an additional 1,265,522 shares in the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.63 on Thursday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.78. The stock has a fifty day simple moving average of $50.67 and a two-hundred day simple moving average of $50.60. The stock has a market capitalization of $34.20 billion, a price-to-earnings ratio of 110.07 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF 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.