Live Oak Investment Partners Sells 12,661 Shares of JPMorgan Ultra-Short Income ETF $JPST

Live Oak Investment Partners lowered its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 75.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,085 shares of the company’s stock after selling 12,661 shares during the quarter. Live Oak Investment Partners’ holdings in JPMorgan Ultra-Short Income ETF were worth $205,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Kathleen S. Wright Associates Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 2.3% during the second quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock worth $497,000 after acquiring an additional 220 shares during the period. Sax Wealth Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the 3rd quarter. Sax Wealth Advisors LLC now owns 8,306 shares of the company’s stock worth $421,000 after purchasing an additional 220 shares during the period. Daner Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.1% in the 3rd quarter. Daner Wealth Management LLC now owns 21,885 shares of the company’s stock worth $1,110,000 after buying an additional 236 shares during the last quarter. Keel Point LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the 2nd quarter. Keel Point LLC now owns 17,002 shares of the company’s stock worth $862,000 after buying an additional 239 shares during the last quarter. Finally, JDM Financial Group LLC grew its position in JPMorgan Ultra-Short Income ETF by 1.9% during the third quarter. JDM Financial Group LLC now owns 13,122 shares of the company’s stock valued at $666,000 after buying an additional 249 shares during the period. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.66 on Friday. The firm has a market cap of $35.94 billion, a price-to-earnings ratio of 110.13 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78. The firm’s 50-day simple moving average is $50.66 and its two-hundred day simple moving average is $50.65.

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.