5th Street Advisors LLC Sells 36,245 Shares of JPMorgan Ultra-Short Income ETF $JPST

5th Street Advisors LLC lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 24.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 112,186 shares of the company’s stock after selling 36,245 shares during the period. JPMorgan Ultra-Short Income ETF comprises 2.8% of 5th Street Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. 5th Street Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,691,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Rossmore Private Capital bought a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $25,000. Brentview Investment Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $35,000. Silicon Valley Capital Partners bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $37,000. American National Bank & Trust bought a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $38,000. Finally, Quaker Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 173.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after acquiring an additional 1,906 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.78 on Friday. The firm has a 50-day moving average of $50.68 and a 200-day moving average of $50.66. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.79. The company has a market cap of $36.43 billion, a P/E ratio of 110.39 and a beta of 0.01.

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.