JPMorgan Ultra-Short Income ETF $JPST is Insight Wealth Partners LLC’s 4th Largest Position

Insight Wealth Partners LLC lowered its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.1% in the second quarter, Holdings Channel reports. The institutional investor owned 240,079 shares of the company’s stock after selling 36,099 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 1.6% of Insight Wealth Partners LLC’s portfolio, making the stock its 4th biggest position. Insight Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,141,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nicholson Meyer Capital Management Inc. raised its holdings in JPMorgan Ultra-Short Income ETF by 0.9% in the first quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock valued at $1,128,000 after acquiring an additional 202 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 2.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock worth $434,000 after acquiring an additional 221 shares in the last quarter. Whipplewood Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 1.2% during the 1st quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock worth $936,000 after acquiring an additional 227 shares in the last quarter. Vista Cima Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 0.7% in the 2nd quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock worth $1,766,000 after purchasing an additional 239 shares during the last quarter. Finally, Keel Point LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the 2nd quarter. Keel Point LLC now owns 17,002 shares of the company’s stock worth $862,000 after purchasing an additional 239 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.38 on Wednesday. The firm has a market cap of $40.28 billion, a PE ratio of 109.52 and a beta of 0.01. The firm’s 50-day simple moving average is $50.47 and its 200-day simple moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.35 and a 1 year high of $50.79.

About JPMorgan Ultra-Short Income ETF

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.