Mills Wealth Advisors LLC Sells 49,280 Shares of JPMorgan Ultra-Short Income ETF $JPST

Mills Wealth Advisors LLC lowered its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 37.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 81,363 shares of the company’s stock after selling 49,280 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 1.9% of Mills Wealth Advisors LLC’s portfolio, making the stock its 15th largest holding. Mills Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,123,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Stone Summit Wealth LLC boosted its position in JPMorgan Ultra-Short Income ETF by 32.9% during the first quarter. Stone Summit Wealth LLC now owns 43,236 shares of the company’s stock worth $2,189,000 after purchasing an additional 10,713 shares during the period. Tiemann Investment Advisors LLC boosted its position in JPMorgan Ultra-Short Income ETF by 9.3% during the first quarter. Tiemann Investment Advisors LLC now owns 135,537 shares of the company’s stock worth $6,862,000 after purchasing an additional 11,570 shares during the period. San Luis Wealth Advisors LLC boosted its position in JPMorgan Ultra-Short Income ETF by 36.1% during the second quarter. San Luis Wealth Advisors LLC now owns 674,498 shares of the company’s stock worth $34,184,000 after purchasing an additional 179,002 shares during the period. Clear Point Advisors Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 3.1% during the second quarter. Clear Point Advisors Inc. now owns 64,613 shares of the company’s stock worth $3,275,000 after purchasing an additional 1,920 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 624.0% during the first quarter. PNC Financial Services Group Inc. now owns 8,319 shares of the company’s stock worth $421,000 after purchasing an additional 7,170 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA:JPST opened at $50.73 on Tuesday. The firm has a market capitalization of $34.21 billion, a PE ratio of 110.28 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.76. The company has a 50-day moving average price of $50.67 and a two-hundred day moving average price of $50.58.

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.