Sigma Planning Corp Reduces Stake in JPMorgan Ultra-Short Income ETF $JPST

Sigma Planning Corp trimmed its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,629 shares of the company’s stock after selling 10,883 shares during the period. Sigma Planning Corp’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,270,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Archer Investment Corp raised its stake in JPMorgan Ultra-Short Income ETF by 11.2% during the third quarter. Archer Investment Corp now owns 1,991 shares of the company’s stock valued at $101,000 after buying an additional 200 shares during the last quarter. Lakeridge Wealth Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 4.5% during the fourth quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock valued at $241,000 after buying an additional 206 shares during the last quarter. Sax Wealth Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 2.7% during the third quarter. Sax Wealth Advisors LLC now owns 8,306 shares of the company’s stock valued at $421,000 after buying an additional 220 shares during the last quarter. Lantern Wealth Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 5.0% during the third quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock valued at $240,000 after buying an additional 226 shares during the last quarter. Finally, Condor Capital Management raised its stake in JPMorgan Ultra-Short Income ETF by 1.6% during the third quarter. Condor Capital Management now owns 14,607 shares of the company’s stock valued at $741,000 after buying an additional 231 shares during the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Down 0.3%

Shares of NYSEARCA:JPST opened at $50.45 on Friday. The stock has a fifty day simple moving average of $50.57 and a two-hundred day simple moving average of $50.64. The stock has a market capitalization of $37.50 billion, a price-to-earnings ratio of 109.67 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.41 and a 12-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.