JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Waldron Private Wealth LLC

Waldron Private Wealth LLC cut its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,884 shares of the company’s stock after selling 595 shares during the quarter. Waldron Private Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $856,000 at the end of the most recent quarter.

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

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPST stock opened at $50.74 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.76. The firm has a market capitalization of $34.27 billion, a PE ratio of 110.30 and a beta of 0.03. The firm has a 50-day moving average of $50.68 and a two-hundred day moving average of $50.58.

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.