Choice Wealth Advisors LLC Sells 223,547 Shares of JPMorgan Ultra-Short Income ETF $JPST

Choice Wealth Advisors LLC decreased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 95.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 11,673 shares of the company’s stock after selling 223,547 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 0.2% of Choice Wealth Advisors LLC’s portfolio, making the stock its 26th largest position. Choice Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $588,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Nicholson Meyer Capital Management Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.9% in the first quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock worth $1,128,000 after buying an additional 202 shares during the period. Whipplewood Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 1.2% during the 1st quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock valued at $936,000 after acquiring an additional 227 shares during the period. Blueline Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 9.2% during the 3rd quarter. Blueline Advisors LLC now owns 2,746 shares of the company’s stock valued at $138,000 after acquiring an additional 232 shares during the period. Vista Cima Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 0.7% during the 2nd quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock valued at $1,766,000 after acquiring an additional 239 shares during the period. Finally, Secured Retirement Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 5.1% in the 1st quarter. Secured Retirement Advisors LLC now owns 5,003 shares of the company’s stock valued at $253,000 after acquiring an additional 243 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.34 on Friday. The stock’s fifty day moving average is $50.39 and its two-hundred day moving average is $50.46. The company has a market capitalization of $42.52 billion, a PE ratio of 109.43 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.79.

About JPMorgan Ultra-Short Income ETF

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.