JPMorgan Ultra-Short Income ETF $JPST Stock Position Lowered by Westside Investment Management Inc.

Westside Investment Management Inc. reduced its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 31.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,690 shares of the company’s stock after selling 15,230 shares during the period. Westside Investment Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,645,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Whipplewood Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 1.2% in the 1st quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock worth $936,000 after purchasing an additional 227 shares in the last quarter. Blueline Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 9.2% in the third quarter. Blueline Advisors LLC now owns 2,746 shares of the company’s stock valued at $138,000 after purchasing an additional 232 shares during the last quarter. Vista Cima Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.7% in the second quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock valued at $1,766,000 after purchasing an additional 239 shares during the last quarter. Hughes Financial Services LLC lifted its position in JPMorgan Ultra-Short Income ETF by 75.8% during the third quarter. Hughes Financial Services LLC now owns 589 shares of the company’s stock worth $30,000 after buying an additional 254 shares in the last quarter. Finally, Gerald Baker Financial Group LLC lifted its position in JPMorgan Ultra-Short Income ETF by 3.1% during the third quarter. Gerald Baker Financial Group LLC now owns 8,382 shares of the company’s stock worth $422,000 after buying an additional 255 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.28 on Friday. The stock’s fifty day moving average is $50.35 and its two-hundred day moving average is $50.50. The firm has a market capitalization of $42.50 billion, a P/E ratio of 109.30 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.79.

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.