JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Ruggaard & Associates LLC

Ruggaard & Associates LLC trimmed its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.0% during the 4th quarter, Holdings Channel reports. The fund owned 288,921 shares of the company’s stock after selling 21,585 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 5.8% of Ruggaard & Associates LLC’s investment portfolio, making the stock its 3rd largest position. Ruggaard & Associates LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $14,617,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of JPST. JPMorgan Chase & Co. boosted its position in JPMorgan Ultra-Short Income ETF by 10.1% in the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after purchasing an additional 9,729,791 shares in the last quarter. Morgan Stanley increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.4% during the 4th quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock valued at $3,109,705,000 after purchasing an additional 1,449,509 shares in the last quarter. LPL Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after purchasing an additional 1,459,312 shares during the period. Bank of America Corp DE lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after purchasing an additional 2,162,615 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock worth $579,023,000 after buying an additional 194,855 shares in the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.50 on Friday. The firm has a market cap of $37.53 billion, a PE ratio of 109.78 and a beta of 0.01. The firm’s fifty day moving average is $50.52 and its 200 day moving average is $50.59. JPMorgan Ultra-Short Income ETF has a one year low of $50.41 and a one 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.