JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Peterson Wealth Advisors LLC

Peterson Wealth Advisors LLC cut its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 91.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,561 shares of the company’s stock after selling 793,321 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 0.4% of Peterson Wealth Advisors LLC’s holdings, making the stock its 25th biggest position. Peterson Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,705,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nicholson Meyer Capital Management Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.9% during the first quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock worth $1,128,000 after purchasing an additional 202 shares during the period. Whipplewood Advisors LLC raised its position in JPMorgan Ultra-Short Income ETF by 1.2% during the 1st quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock worth $936,000 after buying an additional 227 shares during the last quarter. Vista Cima Wealth Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 0.7% during the 2nd quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock worth $1,766,000 after buying an additional 239 shares during the last quarter. Secured Retirement Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 5.1% during the 1st quarter. Secured Retirement Advisors LLC now owns 5,003 shares of the company’s stock valued at $253,000 after acquiring an additional 243 shares during the period. Finally, Signal Advisors Wealth LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.0% during the first quarter. Signal Advisors Wealth LLC now owns 26,452 shares of the company’s stock worth $1,339,000 after purchasing an additional 252 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST traded up $0.01 on Thursday, reaching $50.28. 3,497,750 shares of the company’s stock traded hands, compared to its average volume of 6,788,671. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.79. The firm has a market cap of $42.39 billion, a price-to-earnings ratio of 109.32 and a beta of 0.01. The stock has a 50 day moving average price of $50.41 and a 200-day moving average price of $50.47.

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.