OakTrust Wealth Advisors LLC Sells 37,389 Shares of JPMorgan Ultra-Short Income ETF $JPST

OakTrust Wealth Advisors LLC cut its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPSTFree Report) by 34.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 71,313 shares of the company’s stock after selling 37,389 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 3.3% of OakTrust Wealth Advisors LLC’s portfolio, making the stock its 12th largest holding. OakTrust Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,609,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Millennium Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 23.0% in the 1st quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock valued at $12,575,000 after purchasing an additional 46,400 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth $3,603,000. EverSource Wealth Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 99.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock worth $50,000 after buying an additional 496 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $203,000. Finally, Brown Advisory Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 7.6% in the second quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock valued at $310,000 after buying an additional 431 shares in the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

NYSEARCA:JPST opened at $50.58 on Tuesday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.41 and a twelve month high of $50.79. The stock’s 50-day simple moving average is $50.52 and its 200 day simple moving average is $50.59. The firm has a market capitalization of $37.59 billion, a PE ratio of 109.96 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

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