Secured Retirement Advisors LLC Sells 8,159 Shares of JPMorgan Ultra-Short Income ETF $JPST

Secured Retirement Advisors LLC reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 49.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,179 shares of the company’s stock after selling 8,159 shares during the quarter. Secured Retirement Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $415,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in JPMorgan Ultra-Short Income ETF by 2.7% during the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock valued at $5,068,793,000 after purchasing an additional 2,598,084 shares in the last quarter. Temasek Holdings Private Ltd bought a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter valued at about $842,655,000. LPL Financial LLC increased its stake in JPMorgan Ultra-Short Income ETF by 19.4% during the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock valued at $767,511,000 after purchasing an additional 2,464,430 shares in the last quarter. HB Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 4.0% in the second quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock worth $450,480,000 after acquiring an additional 342,791 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 22.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after acquiring an additional 1,265,522 shares during the period. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST stock opened at $50.62 on Wednesday. The company has a 50 day moving average price of $50.65 and a 200-day moving average price of $50.57. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.76. The firm has a market capitalization of $34.13 billion, a PE ratio of 110.04 and a beta of 0.03.

About JPMorgan Ultra-Short Income ETF

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.