Halbert Hargrove Global Advisors LLC Sells 5,659 Shares of JPMorgan Ultra-Short Income ETF $JPST

Halbert Hargrove Global Advisors LLC reduced its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 82.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,245 shares of the company’s stock after selling 5,659 shares during the quarter. Halbert Hargrove Global Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $63,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of JPST. Future Financial Wealth Managment LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.5% in the 1st quarter. Future Financial Wealth Managment LLC now owns 45,418 shares of the company’s stock worth $2,300,000 after buying an additional 3,540 shares during the last quarter. Baker Tilly Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 3.5% during the 1st quarter. Baker Tilly Wealth Management LLC now owns 23,074 shares of the company’s stock valued at $1,168,000 after acquiring an additional 788 shares during the period. Fiduciary Alliance LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the 1st quarter. Fiduciary Alliance LLC now owns 15,306 shares of the company’s stock worth $775,000 after purchasing an additional 401 shares during the last quarter. Fragasso Financial Advisors Inc grew its holdings in JPMorgan Ultra-Short Income ETF by 7.3% during the first quarter. Fragasso Financial Advisors Inc now owns 21,162 shares of the company’s stock valued at $1,071,000 after purchasing an additional 1,433 shares during the period. Finally, IMZ Advisory Inc increased its position in JPMorgan Ultra-Short Income ETF by 6.2% in the first quarter. IMZ Advisory Inc now owns 393,151 shares of the company’s stock worth $19,905,000 after buying an additional 22,872 shares during the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.74 on Tuesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.75. The stock’s fifty day moving average price is $50.65 and its two-hundred day moving average price is $50.57. The firm has a market cap of $32.40 billion, a PE ratio of 110.30 and a beta of 0.03.

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.