JPMorgan Ultra-Short Income ETF $JPST Holdings Cut by Winthrop Advisory Group LLC

Winthrop Advisory Group LLC trimmed its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 30.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 238,570 shares of the company’s stock after selling 105,658 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 0.7% of Winthrop Advisory Group LLC’s portfolio, making the stock its 28th biggest holding. Winthrop Advisory Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,017,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Strengthening Families & Communities LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $28,000. Beacon Financial Strategies CORP purchased a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $34,000. Allied Private Wealth LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $38,000. Rice Partnership LLC increased its stake in JPMorgan Ultra-Short Income ETF by 327.5% during the 1st quarter. Rice Partnership LLC now owns 855 shares of the company’s stock valued at $43,000 after purchasing an additional 655 shares in the last quarter. Finally, Abound Wealth Management increased its stake in JPMorgan Ultra-Short Income ETF by 1,963.3% during the 2nd quarter. Abound Wealth Management now owns 1,011 shares of the company’s stock valued at $51,000 after purchasing an additional 962 shares in the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

JPMorgan Ultra-Short Income ETF stock traded down $0.02 during trading hours on Friday, hitting $50.36. The stock had a trading volume of 22,232,105 shares, compared to its average volume of 6,948,486. The stock has a market capitalization of $42.86 billion, a P/E ratio of 109.48 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.79. The stock’s 50-day moving average price is $50.38 and its 200-day moving average price is $50.46.

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.