349,934 JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 98.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,106 shares of the company’s stock after selling 349,934 shares during the period. Modera Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $308,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in JPST. Adventist Health System Sunbelt Healthcare Corp grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 215.9% in the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after purchasing an additional 1,921,600 shares during the last quarter. Fluent Financial LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 454.3% during the 3rd quarter. Fluent Financial LLC now owns 1,217,803 shares of the company’s stock valued at $61,341,000 after buying an additional 998,097 shares in the last quarter. Kensington Asset Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 71.7% during the 1st quarter. Kensington Asset Management LLC now owns 1,994,639 shares of the company’s stock valued at $100,949,000 after buying an additional 832,640 shares in the last quarter. HighTower Advisors LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 50.0% during the 2nd quarter. HighTower Advisors LLC now owns 1,988,463 shares of the company’s stock valued at $100,557,000 after buying an additional 662,886 shares in the last quarter. Finally, Ridgepath Capital Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 214.7% in the 1st quarter. Ridgepath Capital Management LLC now owns 938,877 shares of the company’s stock valued at $47,517,000 after buying an additional 640,542 shares during the period. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.25 on Wednesday. The company has a market capitalization of $42.37 billion, a P/E ratio of 109.24 and a beta of 0.02. The company’s 50-day simple moving average is $50.36 and its two-hundred day simple moving average is $50.50. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79.

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.