JPMorgan Ultra-Short Income ETF $JPST Holdings Cut by Leverty Financial Group LLC

Leverty Financial Group LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 504,422 shares of the company’s stock after selling 12,418 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 5.0% of Leverty Financial Group LLC’s investment portfolio, making the stock its 7th largest position. Leverty Financial Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $25,509,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Millennium Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 23.0% during the first quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock worth $12,575,000 after purchasing an additional 46,400 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter valued at $3,603,000. EverSource Wealth Advisors LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 99.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock worth $50,000 after buying an additional 496 shares during the period. First Trust Advisors LP purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $203,000. Finally, Brown Advisory Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 7.6% in the second quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock valued at $310,000 after acquiring an additional 431 shares during the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPST stock opened at $50.45 on Wednesday. The stock has a 50-day moving average price of $50.47 and a two-hundred day moving average price of $50.55. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79. The company has a market cap of $40.34 billion, a PE ratio of 109.67 and a beta of 0.01.

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.