Scott Capital Advisors LLC Sells 11,024 Shares of JPMorgan Ultra-Short Income ETF $JPST

Scott Capital Advisors LLC decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 184,730 shares of the company’s stock after selling 11,024 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 1.5% of Scott Capital Advisors LLC’s holdings, making the stock its 18th biggest position. Scott Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,342,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Cardiff Park Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the third quarter worth $25,000. Jackson Hole Capital Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $28,000. Sittner & Nelson LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $30,000. Motiv8 Investments LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth $32,000. Finally, Beacon Financial Strategies CORP acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $34,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.44 on Tuesday. The stock’s fifty day moving average price is $50.47 and its 200 day moving average price is $50.55. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.39 and a 1-year high of $50.79. The company has a market cap of $40.33 billion, a price-to-earnings ratio of 109.65 and a beta of 0.01.

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.