JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. trimmed its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 36.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 331,249 shares of the company’s stock after selling 188,122 shares during the period. Atria Wealth Solutions Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $16,780,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Centurion Wealth Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 2.0% in the second quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock valued at $515,000 after purchasing an additional 200 shares during the period. CWC Advisors LLC. boosted its holdings in JPMorgan Ultra-Short Income ETF by 5.1% during the 2nd quarter. CWC Advisors LLC. now owns 5,468 shares of the company’s stock valued at $277,000 after acquiring an additional 263 shares during the period. Lighthouse Wealth Management Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 2.4% during the 1st quarter. Lighthouse Wealth Management Inc. now owns 11,833 shares of the company’s stock worth $599,000 after buying an additional 273 shares during the last quarter. Muirfield Wealth Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 7.1% during the 2nd quarter. Muirfield Wealth Advisors LLC now owns 4,326 shares of the company’s stock worth $219,000 after acquiring an additional 286 shares in the last quarter. Finally, GEM Asset Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 4.0% during the second quarter. GEM Asset Management LLC now owns 8,049 shares of the company’s stock worth $406,000 after purchasing an additional 311 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.64 on Monday. The company has a fifty day simple moving average of $50.65 and a 200-day simple moving average of $50.57. The stock has a market cap of $34.15 billion, a price-to-earnings ratio of 110.09 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.76.

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.