Grey Ledge Advisors LLC Cuts Holdings in JPMorgan Ultra-Short Income ETF $JPST

Grey Ledge Advisors LLC lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 48.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,494 shares of the company’s stock after selling 58,845 shares during the period. Grey Ledge Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,212,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. AE Wealth Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 3.9% in the 3rd quarter. AE Wealth Management LLC now owns 336,526 shares of the company’s stock worth $17,072,000 after buying an additional 12,743 shares in the last quarter. Beacon Financial Advisory LLC grew its stake in JPMorgan Ultra-Short Income ETF by 13.0% in the 3rd quarter. Beacon Financial Advisory LLC now owns 112,249 shares of the company’s stock worth $5,694,000 after buying an additional 12,895 shares in the last quarter. Mezzasalma Advisors LLC grew its stake in JPMorgan Ultra-Short Income ETF by 70.9% in the 4th quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock worth $4,082,000 after buying an additional 33,446 shares in the last quarter. Great Point Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $34,876,000. Finally, B. Riley Wealth Advisors Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 10.2% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 167,729 shares of the company’s stock worth $8,509,000 after buying an additional 15,496 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.52 on Thursday. JPMorgan Ultra-Short Income ETF has a one year low of $50.42 and a one year high of $50.79. The stock has a market cap of $37.55 billion, a PE ratio of 109.83 and a beta of 0.01. The firm has a 50 day simple moving average of $50.54 and a two-hundred day simple moving average of $50.63.

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.