JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Hilltop Holdings Inc.

Hilltop Holdings Inc. lessened its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 141,079 shares of the company’s stock after selling 23,117 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 0.6% of Hilltop Holdings Inc.’s portfolio, making the stock its 27th largest position. Hilltop Holdings Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,140,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of JPST. FCA Corp TX boosted its position in JPMorgan Ultra-Short Income ETF by 11.8% in the first quarter. FCA Corp TX now owns 38,984 shares of the company’s stock valued at $1,973,000 after buying an additional 4,127 shares during the last quarter. Wills Financial Group LLC raised its position in JPMorgan Ultra-Short Income ETF by 1.3% during the 1st quarter. Wills Financial Group LLC now owns 171,644 shares of the company’s stock worth $8,671,000 after buying an additional 2,166 shares during the last quarter. Gibbs Wealth Management lifted its stake in JPMorgan Ultra-Short Income ETF by 5.1% during the 1st quarter. Gibbs Wealth Management now owns 13,465 shares of the company’s stock valued at $681,000 after acquiring an additional 649 shares during the period. American Financial Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 12.8% during the 1st quarter. American Financial Advisors LLC now owns 213,543 shares of the company’s stock valued at $10,807,000 after acquiring an additional 24,305 shares during the period. Finally, Sei Investments Co. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.2% in the 1st quarter. Sei Investments Co. now owns 1,158,003 shares of the company’s stock valued at $58,606,000 after acquiring an additional 13,945 shares during the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Friday. The firm has a fifty day moving average price of $50.49 and a 200 day moving average price of $50.56. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.39 and a 1 year high of $50.79. The stock has a market cap of $40.00 billion, a PE ratio of 109.74 and a beta of 0.01.

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.