JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Trek Financial LLC

Trek Financial LLC cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 23.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 51,398 shares of the company’s stock after selling 15,402 shares during the period. Trek Financial LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,600,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of JPST. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 8.8% during the third quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock valued at $4,907,764,000 after acquiring an additional 7,786,258 shares in the last quarter. Temasek Holdings Private Ltd acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at about $300,296,000. Bank of America Corp DE grew its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after acquiring an additional 2,162,615 shares in the last quarter. Kensington Asset Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 1,382.7% during the third quarter. Kensington Asset Management LLC now owns 1,080,232 shares of the company’s stock valued at $54,800,000 after acquiring an additional 1,007,375 shares in the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp grew its stake in shares of JPMorgan Ultra-Short Income ETF by 89.2% during the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,891,700 shares of the company’s stock valued at $95,966,000 after acquiring an additional 891,700 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.50 on Wednesday. The business has a 50-day moving average of $50.54 and a 200-day moving average of $50.63. The company has a market capitalization of $37.53 billion, a PE ratio of 109.78 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.42 and a 1-year 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.