Hudock Inc. Sells 147,186 Shares of JPMorgan Ultra-Short Income ETF $JPST

Hudock Inc. lessened its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 38.6% during the third quarter, Holdings Channel reports. The institutional investor owned 233,661 shares of the company’s stock after selling 147,186 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 1.8% of Hudock Inc.’s portfolio, making the stock its 15th largest holding. Hudock Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,854,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $1,062,000. Pasadena Private Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at about $472,000. Webster Bank N. A. raised its holdings in JPMorgan Ultra-Short Income ETF by 33.0% during the third quarter. Webster Bank N. A. now owns 84,524 shares of the company’s stock worth $4,288,000 after acquiring an additional 20,953 shares in the last quarter. Evolution Wealth Management Inc. raised its holdings in JPMorgan Ultra-Short Income ETF by 66.8% during the third quarter. Evolution Wealth Management Inc. now owns 9,016 shares of the company’s stock worth $457,000 after acquiring an additional 3,611 shares in the last quarter. Finally, StoneCrest Wealth Management Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 2.9% during the third quarter. StoneCrest Wealth Management Inc. now owns 45,178 shares of the company’s stock valued at $2,292,000 after purchasing an additional 1,289 shares during the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

JPST stock opened at $50.63 on Friday. The company has a market cap of $35.86 billion, a price-to-earnings ratio of 110.07 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.78. The business has a 50 day moving average price of $50.66 and a two-hundred day moving average price of $50.65.

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.