RVW Wealth LLC Sells 124,464 Shares of JPMorgan Ultra-Short Income ETF $JPST

RVW Wealth LLC cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 96.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,908 shares of the company’s stock after selling 124,464 shares during the period. RVW Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $248,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JPST. Elmwood Wealth Management Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 3.2% in the second quarter. Elmwood Wealth Management Inc. now owns 194,430 shares of the company’s stock valued at $9,832,000 after acquiring an additional 6,119 shares in the last quarter. Matthew Goff Investment Advisor LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $17,328,000. Apella Capital LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 2.0% during the 2nd quarter. Apella Capital LLC now owns 181,816 shares of the company’s stock valued at $9,169,000 after purchasing an additional 3,496 shares in the last quarter. IMZ Advisory Inc increased its position in shares of JPMorgan Ultra-Short Income ETF by 43.5% during the second quarter. IMZ Advisory Inc now owns 571,842 shares of the company’s stock valued at $28,918,000 after buying an additional 173,316 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 8.6% during the second quarter. Dynamic Advisor Solutions LLC now owns 654,851 shares of the company’s stock valued at $33,116,000 after buying an additional 51,708 shares during the period. 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 $50.40 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.39 and a 1 year high of $50.79. The company has a market cap of $40.30 billion, a P/E ratio of 109.57 and a beta of 0.01. The firm has a 50-day moving average of $50.48 and a 200 day moving average of $50.55.

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.