Kestra Private Wealth Services LLC Has $6.90 Million Stake in JPMorgan Ultra-Short Income ETF $JPST

Kestra Private Wealth Services LLC cut its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 33.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,405 shares of the company’s stock after selling 68,498 shares during the period. Kestra Private Wealth Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,903,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Cardiff Park Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $25,000. Jackson Hole Capital Partners LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $28,000. MGB Wealth Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $30,000. Sittner & Nelson LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $30,000. Finally, Motiv8 Investments LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $32,000. 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 $50.57 on Friday. The business has a 50-day simple moving average of $50.52 and a two-hundred day simple moving average of $50.59. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.41 and a 52 week high of $50.79. The company has a market cap of $37.59 billion, a P/E ratio of 109.93 and a beta of 0.01.

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.