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

Bfsg LLC trimmed its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 245,888 shares of the company’s stock after selling 10,119 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 1.1% of Bfsg LLC’s portfolio, making the stock its 20th largest position. Bfsg LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,385,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Strategent Financial LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 221.1% during the third quarter. Strategent Financial LLC now owns 161,678 shares of the company’s stock valued at $8,144,000 after acquiring an additional 111,330 shares during the period. Clear Point Advisors Inc. grew its position in JPMorgan Ultra-Short Income ETF by 45.4% during the 3rd quarter. Clear Point Advisors Inc. now owns 42,727 shares of the company’s stock worth $2,152,000 after purchasing an additional 13,335 shares in the last quarter. Chicago Partners Investment Group LLC grew its position in JPMorgan Ultra-Short Income ETF by 22.8% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 133,483 shares of the company’s stock worth $6,722,000 after purchasing an additional 24,824 shares in the last quarter. Richardson Financial Services Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $260,000. Finally, Ascent Group LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $413,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.26 on Thursday. The stock’s 50-day moving average is $50.35 and its two-hundred day moving average is $50.50. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.79. The stock has a market cap of $42.38 billion, a PE ratio of 109.26 and a beta of 0.02.

JPMorgan Ultra-Short Income ETF 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.