Perigon Wealth Management LLC Sells 7,518 Shares of JPMorgan Ultra-Short Income ETF $JPST

Perigon Wealth Management LLC decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 143,136 shares of the company’s stock after selling 7,518 shares during the period. Perigon Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,254,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in JPMorgan Ultra-Short Income ETF by 2.7% in the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock valued at $5,068,793,000 after acquiring an additional 2,598,084 shares in the last quarter. Temasek Holdings Private Ltd acquired a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at approximately $842,655,000. LPL Financial LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 19.4% in the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock valued at $767,511,000 after acquiring an additional 2,464,430 shares in the last quarter. HB Wealth Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 2.8% in the 1st quarter. HB Wealth Management LLC now owns 8,545,925 shares of the company’s stock valued at $430,323,000 after acquiring an additional 229,089 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 22.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after acquiring an additional 1,265,522 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.73 on Thursday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.75. The business has a 50 day moving average price of $50.64 and a two-hundred day moving average price of $50.56. The stock has a market cap of $32.39 billion, a price-to-earnings ratio of 110.28 and a beta of 0.03.

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.