TD Waterhouse Canada Inc. Lowers Position in JPMorgan Ultra-Short Income ETF $JPST

TD Waterhouse Canada Inc. trimmed its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 38.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 61,016 shares of the company’s stock after selling 38,273 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,075,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of JPST. Prosperitas Financial LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $1,874,000. TPG Financial Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 60.0% during the fourth quarter. TPG Financial Advisors LLC now owns 48,492 shares of the company’s stock worth $2,453,000 after buying an additional 18,183 shares during the period. Investment Advisory Services Group LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $9,437,000. First Business Financial Services Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 7.3% in the fourth quarter. First Business Financial Services Inc. now owns 217,698 shares of the company’s stock valued at $11,013,000 after buying an additional 14,901 shares in the last quarter. Finally, SkyOak Wealth LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 7.1% in the fourth quarter. SkyOak Wealth LLC now owns 544,898 shares of the company’s stock valued at $27,566,000 after buying an additional 36,330 shares in the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.39 on Tuesday. The business’s fifty day moving average price is $50.47 and its 200 day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.35 and a 12-month high of $50.79. The company has a market capitalization of $40.29 billion, a PE ratio of 109.54 and a beta of 0.01.

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.