JPMorgan Ultra-Short Income ETF $JPST Stock Sold by Sharper & Granite LLC

Sharper & Granite LLC cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 32.7% during the third quarter, Holdings Channel.com reports. The firm owned 141,264 shares of the company’s stock after selling 68,705 shares during the period. JPMorgan Ultra-Short Income ETF makes up 2.3% of Sharper & Granite LLC’s holdings, making the stock its 14th biggest holding. Sharper & Granite LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,149,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of JPST. Syverson Strege & Co raised its position in shares of JPMorgan Ultra-Short Income ETF by 11.7% in the 3rd quarter. Syverson Strege & Co now owns 236,897 shares of the company’s stock worth $11,933,000 after acquiring an additional 24,722 shares in the last quarter. Kestra Advisory Services LLC grew its stake in JPMorgan Ultra-Short Income ETF by 12.2% in the third quarter. Kestra Advisory Services LLC now owns 761,636 shares of the company’s stock valued at $38,364,000 after purchasing an additional 83,032 shares during the last quarter. Brady Family Wealth LLC grew its stake in JPMorgan Ultra-Short Income ETF by 55.5% in the third quarter. Brady Family Wealth LLC now owns 56,489 shares of the company’s stock valued at $2,845,000 after purchasing an additional 20,154 shares during the last quarter. StrongBox Wealth LLC grew its stake in JPMorgan Ultra-Short Income ETF by 6.0% in the third quarter. StrongBox Wealth LLC now owns 655,672 shares of the company’s stock valued at $33,026,000 after purchasing an additional 37,285 shares during the last quarter. Finally, TFB Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the third quarter worth about $972,000. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock traded up $0.02 during trading hours on Friday, reaching $50.30. The stock had a trading volume of 9,167,335 shares, compared to its average volume of 6,954,212. The company has a market cap of $42.55 billion, a price-to-earnings ratio of 109.35 and a beta of 0.02. The business’s 50 day moving average price is $50.34 and its 200-day moving average price is $50.49. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.79.

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.