JPMorgan Ultra-Short Income ETF $JPST Stock: Hudock Inc. Decreases Stake

Hudock Inc. cut its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 154,615 shares of the company’s stock after selling 12,732 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 1.0% of Hudock Inc.’s portfolio, making the stock its 22nd biggest holding. Hudock Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,788,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. West Wealth Group LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $242,000. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 18.2% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 421,870 shares of the company’s stock valued at $21,250,000 after purchasing an additional 65,040 shares during the last quarter. Fortitude Family Office LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 42.3% in the third quarter. Fortitude Family Office LLC now owns 63,092 shares of the company’s stock valued at $3,178,000 after purchasing an additional 18,754 shares during the last quarter. Alliance Wealth Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth $232,000. Finally, Tempus Wealth Planning LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 31.0% in the third quarter. Tempus Wealth Planning LLC now owns 76,538 shares of the company’s stock worth $3,855,000 after purchasing an additional 18,105 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

Shares of JPST stock 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 simple moving average is $50.40 and its 200-day simple moving average is $50.46. The firm has a market cap of $42.43 billion, a PE ratio of 109.35 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.