Quadrant Capital Group LLC Decreases Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Quadrant Capital Group LLC lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 43.9% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,667,229 shares of the company’s stock after selling 1,306,288 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 3.0% of Quadrant Capital Group LLC’s holdings, making the stock its 5th biggest position. Quadrant Capital Group LLC owned about 0.26% of JPMorgan Ultra-Short Income ETF worth $84,495,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Centurion Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 2.0% in the 2nd quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock worth $515,000 after purchasing an additional 200 shares in the last quarter. Kathleen S. Wright Associates Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 2.3% during the 2nd quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock valued at $497,000 after acquiring an additional 220 shares during the last quarter. CWC Advisors LLC. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.1% in the second quarter. CWC Advisors LLC. now owns 5,468 shares of the company’s stock valued at $277,000 after purchasing an additional 263 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.2% in the second quarter. First Horizon Advisors Inc. now owns 3,965 shares of the company’s stock valued at $201,000 after purchasing an additional 265 shares in the last quarter. Finally, Muirfield Wealth Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 7.1% in the second quarter. Muirfield Wealth Advisors LLC now owns 4,326 shares of the company’s stock worth $219,000 after purchasing an additional 286 shares during the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.74 on Thursday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.78. The firm’s fifty day moving average is $50.68 and its 200 day moving average is $50.62. The company has a market cap of $34.27 billion, a price-to-earnings ratio of 110.30 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.