JPMorgan Ultra-Short Income ETF $JPST Holdings Cut by Whitaker Myers Wealth Managers LTD.

Whitaker Myers Wealth Managers LTD. lowered its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 26.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 216,608 shares of the company’s stock after selling 76,973 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 2.4% of Whitaker Myers Wealth Managers LTD.’s investment portfolio, making the stock its 16th biggest holding. Whitaker Myers Wealth Managers LTD.’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,989,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of JPST. VCI Wealth Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 6.6% during the third quarter. VCI Wealth Management LLC now owns 279,248 shares of the company’s stock valued at $14,166,000 after purchasing an additional 17,282 shares during the last quarter. Financial Management Professionals Inc. increased its position in JPMorgan Ultra-Short Income ETF by 2.4% in the 3rd quarter. Financial Management Professionals Inc. now owns 321,392 shares of the company’s stock worth $16,304,000 after purchasing an additional 7,380 shares during the last quarter. CWM LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 2.4% during the 3rd quarter. CWM LLC now owns 1,161,836 shares of the company’s stock worth $58,940,000 after purchasing an additional 27,067 shares in the last quarter. Independent Wealth Network Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 19.0% during the 3rd quarter. Independent Wealth Network Inc. now owns 196,277 shares of the company’s stock valued at $9,957,000 after buying an additional 31,273 shares during the last quarter. Finally, World Investment Advisors lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 46.1% during the 3rd quarter. World Investment Advisors now owns 24,162 shares of the company’s stock valued at $1,226,000 after buying an additional 7,626 shares during the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.73 on Friday. The business has a 50 day simple moving average of $50.67 and a 200 day simple moving average of $50.64. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78. The stock has a market cap of $34.26 billion, a price-to-earnings ratio of 110.28 and a beta of 0.01.

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.