34,443 JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Focus Financial Network Inc.

Focus Financial Network Inc. decreased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 49.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 35,128 shares of the company’s stock after selling 34,443 shares during the period. Focus Financial Network Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,769,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Roberts Wealth Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 1.1% in the third quarter. Roberts Wealth Advisors LLC now owns 665,977 shares of the company’s stock valued at $33,545,000 after acquiring an additional 7,271 shares during the last quarter. Enclave Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 9.2% during the third quarter. Enclave Advisors LLC now owns 192,699 shares of the company’s stock valued at $9,706,000 after purchasing an additional 16,199 shares during the period. JM2 Capital Inc. increased its stake in JPMorgan Ultra-Short Income ETF by 9.2% during the 3rd quarter. JM2 Capital Inc. now owns 37,986 shares of the company’s stock worth $1,913,000 after buying an additional 3,196 shares during the period. Stone Summit Wealth LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 9.7% in the third quarter. Stone Summit Wealth LLC now owns 7,479 shares of the company’s stock worth $377,000 after acquiring an additional 659 shares in the last quarter. Finally, Lighthouse Wealth Management Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $234,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.30 on Thursday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79. The company’s fifty day moving average price is $50.40 and its two-hundred day moving average price is $50.46. The company has a market capitalization of $42.43 billion, a price-to-earnings ratio of 109.35 and a beta of 0.01.

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.