Secured Retirement Advisors LLC Reduces Holdings in JPMorgan Ultra-Short Income ETF $JPST

Secured Retirement Advisors LLC trimmed its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 49.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,179 shares of the company’s stock after selling 8,159 shares during the period. Secured Retirement Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $415,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Chelsea Counsel Co. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $25,000. Pandora Wealth Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $34,000. Cooksen Wealth LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 1st quarter valued at about $36,000. TD Private Client Wealth LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $48,000. Finally, Sound Income Strategies LLC lifted its position in JPMorgan Ultra-Short Income ETF by 54.9% during the 2nd quarter. Sound Income Strategies LLC now owns 1,162 shares of the company’s stock valued at $59,000 after acquiring an additional 412 shares during the period. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.62 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.76. The stock has a market cap of $34.13 billion, a P/E ratio of 110.04 and a beta of 0.03. The firm has a 50-day moving average of $50.65 and a 200 day moving average of $50.57.

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.