Montag A & Associates Inc. Sells 41,159 Shares of JPMorgan Ultra-Short Income ETF $JPST

Montag A & Associates Inc. reduced its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 235,144 shares of the company’s stock after selling 41,159 shares during the period. Montag A & Associates Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,901,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Investment Advisory Services Group LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 2.0% in the 1st quarter. Investment Advisory Services Group LLC now owns 190,301 shares of the company’s stock worth $9,631,000 after purchasing an additional 3,759 shares in the last quarter. Red Mountain Financial LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 0.9% in the first quarter. Red Mountain Financial LLC now owns 40,031 shares of the company’s stock worth $2,026,000 after acquiring an additional 342 shares in the last quarter. Arbor Investment Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 7.0% in the first quarter. Arbor Investment Advisors LLC now owns 443,066 shares of the company’s stock worth $22,424,000 after acquiring an additional 28,881 shares during the last quarter. Ascentis Independent Advisors grew its stake in shares of JPMorgan Ultra-Short Income ETF by 129.5% in the first quarter. Ascentis Independent Advisors now owns 66,060 shares of the company’s stock worth $3,343,000 after acquiring an additional 37,275 shares during the last quarter. Finally, Stephens Inc. AR increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.8% during the first quarter. Stephens Inc. AR now owns 829,222 shares of the company’s stock valued at $41,967,000 after acquiring an additional 22,926 shares in the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.43 on Wednesday. The firm has a market cap of $39.27 billion, a PE ratio of 109.63 and a beta of 0.01. The stock has a 50-day moving average price of $50.50 and a 200-day moving average price of $50.58. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.39 and a 1 year high of $50.79.

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.