JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.3% in the third quarter, Holdings Channel.com reports. The firm owned 349,045 shares of the company’s stock after selling 31,445 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 2.1% of Noesis Capital Mangement Corp’s investment portfolio, making the stock its 20th largest position. Noesis Capital Mangement Corp’s holdings in JPMorgan Ultra-Short Income ETF were worth $17,581,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JPST. HB Wealth Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.4% during the second quarter. HB Wealth Management LLC now owns 10,065,428 shares of the company’s stock worth $506,509,000 after buying an additional 514,497 shares in the last quarter. Royal Bank of Canada lifted its stake in JPMorgan Ultra-Short Income ETF by 11.1% in the 1st quarter. Royal Bank of Canada now owns 5,372,821 shares of the company’s stock valued at $271,917,000 after acquiring an additional 534,875 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in JPMorgan Ultra-Short Income ETF by 7.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,647,775 shares of the company’s stock valued at $184,468,000 after acquiring an additional 245,314 shares in the last quarter. Cetera Investment Advisers boosted its position in JPMorgan Ultra-Short Income ETF by 10.2% during the 1st quarter. Cetera Investment Advisers now owns 3,377,302 shares of the company’s stock worth $170,925,000 after acquiring an additional 312,033 shares during the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp boosted its position in JPMorgan Ultra-Short Income ETF by 215.9% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after acquiring an additional 1,921,600 shares during the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.36 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79. The company’s fifty day simple moving average is $50.38 and its 200-day simple moving average is $50.51. The firm has a market cap of $42.86 billion, a PE ratio of 109.48 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.