Bank of Jackson Hole Trust Trims Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Bank of Jackson Hole Trust decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.2% in the second quarter, HoldingsChannel.com reports. The fund owned 6,071 shares of the company’s stock after selling 1,260 shares during the period. Bank of Jackson Hole Trust’s holdings in JPMorgan Ultra-Short Income ETF were worth $308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strategent Financial LLC raised its stake in JPMorgan Ultra-Short Income ETF by 1.4% in the 2nd quarter. Strategent Financial LLC now owns 349,122 shares of the company’s stock worth $17,694,000 after acquiring an additional 4,657 shares during the last quarter. Tiemann Investment Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 9.3% in the 1st quarter. Tiemann Investment Advisors LLC now owns 135,537 shares of the company’s stock worth $6,862,000 after acquiring an additional 11,570 shares during the last quarter. San Luis Wealth Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 36.1% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 674,498 shares of the company’s stock worth $34,184,000 after acquiring an additional 179,002 shares during the last quarter. Clear Point Advisors Inc. raised its stake in JPMorgan Ultra-Short Income ETF by 3.1% in the 2nd quarter. Clear Point Advisors Inc. now owns 64,613 shares of the company’s stock worth $3,275,000 after acquiring an additional 1,920 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in JPMorgan Ultra-Short Income ETF by 624.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 8,319 shares of the company’s stock worth $421,000 after acquiring an additional 7,170 shares during the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.77 on Wednesday. The firm has a market capitalization of $34.29 billion, a price-to-earnings ratio of 110.37 and a beta of 0.01. The business has a fifty day moving average of $50.68 and a 200 day moving average of $50.59. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.77.

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.