JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Triumph Capital Management

Triumph Capital Management decreased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 111,100 shares of the company’s stock after selling 10,961 shares during the period. JPMorgan Ultra-Short Income ETF comprises 1.0% of Triumph Capital Management’s holdings, making the stock its 22nd largest position. Triumph Capital Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,596,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Rose Capital Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $543,000. Integrated Wealth Concepts LLC raised its stake in JPMorgan Ultra-Short Income ETF by 3.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 1,168,286 shares of the company’s stock valued at $59,080,000 after acquiring an additional 37,846 shares in the last quarter. Worth Asset Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 81.2% in the third quarter. Worth Asset Management LLC now owns 187,616 shares of the company’s stock worth $9,450,000 after purchasing an additional 84,093 shares in the last quarter. Beacon Financial Advisory LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 14.0% during the second quarter. Beacon Financial Advisory LLC now owns 168,730 shares of the company’s stock valued at $8,533,000 after purchasing an additional 20,732 shares in the last quarter. Finally, First Citizens Financial Corp grew its position in JPMorgan Ultra-Short Income ETF by 31.8% in the 3rd quarter. First Citizens Financial Corp now owns 139,734 shares of the company’s stock valued at $7,038,000 after buying an additional 33,723 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST traded down $0.01 during trading on Wednesday, reaching $50.30. The company had a trading volume of 12,289,206 shares, compared to its average volume of 6,833,118. The firm’s fifty day moving average is $50.40 and its 200 day moving average is $50.46. The firm has a market capitalization of $42.43 billion, a PE ratio of 109.35 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month 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.