Greenwich Wealth Management LLC Cuts Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Greenwich Wealth Management LLC decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 27.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,750 shares of the company’s stock after selling 18,462 shares during the period. Greenwich Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,465,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in JPST. Envestnet Portfolio Solutions Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $312,000. Anchor Investment Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 5.4% in the second quarter. Anchor Investment Management LLC now owns 183,523 shares of the company’s stock worth $9,281,000 after purchasing an additional 9,452 shares in the last quarter. Cherry Tree Wealth Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 13.1% in the second quarter. Cherry Tree Wealth Management LLC now owns 43,025 shares of the company’s stock worth $2,176,000 after purchasing an additional 4,984 shares in the last quarter. MCF Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 1,036.7% during the 2nd quarter. MCF Advisors LLC now owns 101,248 shares of the company’s stock worth $5,120,000 after purchasing an additional 92,341 shares during the period. Finally, Archford Capital Strategies LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 2.7% during the 2nd quarter. Archford Capital Strategies LLC now owns 154,344 shares of the company’s stock worth $7,805,000 after purchasing an additional 4,067 shares during the period. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of JPMorgan Ultra-Short Income ETF stock traded up $0.01 during trading on Tuesday, hitting $50.37. 8,219,100 shares of the stock traded hands, compared to its average volume of 6,669,981. The stock’s fifty day simple moving average is $50.44 and its 200 day simple moving average is $50.49. The firm has a market cap of $41.78 billion, a P/E ratio of 109.49 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.33 and a 52-week high of $50.79.

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.