Kingswood Wealth Advisors LLC Has $1.25 Million Stake in JPMorgan Ultra-Short Income ETF $JPST

Kingswood Wealth Advisors LLC lowered its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 36.0% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 24,647 shares of the company’s stock after selling 13,842 shares during the period. Kingswood Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,249,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in JPST. Temasek Holdings Private Ltd acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at about $842,655,000. JPMorgan Chase & Co. raised 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 valued at $5,068,793,000 after buying an additional 2,598,084 shares during the last quarter. LPL Financial LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 19.4% during the first quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock valued at $767,511,000 after buying an additional 2,464,430 shares during the last quarter. Exchange Traded Concepts LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 1,058.1% during the first quarter. Exchange Traded Concepts LLC now owns 1,740,737 shares of the company’s stock valued at $88,134,000 after buying an additional 1,590,431 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 22.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after buying an additional 1,265,522 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.62 on Wednesday. The firm has a market capitalization of $34.13 billion, a P/E ratio of 110.04 and a beta of 0.03. The company has a 50-day simple moving average of $50.65 and a 200-day simple moving average of $50.57. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.76.

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.