Northeast Planning Associates INC. NH Lowers Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Northeast Planning Associates INC. NH cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 217,891 shares of the company’s stock after selling 30,864 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 10.2% of Northeast Planning Associates INC. NH’s holdings, making the stock its 3rd largest position. Northeast Planning Associates INC. NH’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,043,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. AlphaCore Capital LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 4.8% during the second quarter. AlphaCore Capital LLC now owns 196,816 shares of the company’s stock worth $9,975,000 after purchasing an additional 8,978 shares during the period. Blueprint Investment Partners LLC increased its position in JPMorgan Ultra-Short Income ETF by 204.0% during the 2nd quarter. Blueprint Investment Partners LLC now owns 55,026 shares of the company’s stock worth $2,789,000 after buying an additional 36,923 shares during the period. Franklin Resources Inc. increased its position in JPMorgan Ultra-Short Income ETF by 0.7% during the 2nd quarter. Franklin Resources Inc. now owns 644,297 shares of the company’s stock worth $32,653,000 after buying an additional 4,557 shares during the period. MAI Capital Management lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 509.1% during the second quarter. MAI Capital Management now owns 493,111 shares of the company’s stock worth $24,991,000 after buying an additional 412,148 shares in the last quarter. Finally, Northstar Financial Companies Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 25.3% in the second quarter. Northstar Financial Companies Inc. now owns 10,850 shares of the company’s stock valued at $550,000 after acquiring an additional 2,193 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.72 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78. The company has a market capitalization of $34.26 billion, a PE ratio of 110.26 and a beta of 0.01. The company’s 50-day simple moving average is $50.68 and its 200 day simple moving average is $50.61.

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.