JPMorgan Ultra-Short Income ETF $JPST Stock Sold by Interchange Capital Partners LLC

Interchange Capital Partners LLC lowered its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 164,213 shares of the company’s stock after selling 31,090 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.4% of Interchange Capital Partners LLC’s holdings, making the stock its 11th biggest position. Interchange Capital Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,263,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Strengthening Families & Communities LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $28,000. Beacon Financial Strategies CORP purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $34,000. Allied Private Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $38,000. Rice Partnership LLC lifted its position in JPMorgan Ultra-Short Income ETF by 327.5% in the 1st quarter. Rice Partnership LLC now owns 855 shares of the company’s stock worth $43,000 after buying an additional 655 shares during the last quarter. Finally, Abound Wealth Management lifted its position in JPMorgan Ultra-Short Income ETF by 1,963.3% in the 2nd quarter. Abound Wealth Management now owns 1,011 shares of the company’s stock worth $51,000 after buying an additional 962 shares during the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA:JPST opened at $50.41 on Friday. The stock has a market cap of $43.11 billion, a PE ratio of 109.59 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.79. The company’s fifty day moving average is $50.37 and its 200 day moving average is $50.51.

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.