JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Spectrum Planning & Advisory Services Inc.

Spectrum Planning & Advisory Services Inc. lessened its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 41.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,017 shares of the company’s stock after selling 91,460 shares during the period. JPMorgan Ultra-Short Income ETF makes up 2.8% of Spectrum Planning & Advisory Services Inc.’s portfolio, making the stock its 8th biggest position. Spectrum Planning & Advisory Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,549,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Blueline Advisors LLC increased its stake 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 worth $138,000 after purchasing an additional 232 shares in the last quarter. Vista Cima Wealth Management LLC raised 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 worth $1,766,000 after buying an additional 239 shares during the period. Hughes Financial Services LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 75.8% in the third quarter. Hughes Financial Services LLC now owns 589 shares of the company’s stock valued at $30,000 after buying an additional 254 shares in the last quarter. Gerald Baker Financial Group LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 3.1% in the third quarter. Gerald Baker Financial Group LLC now owns 8,382 shares of the company’s stock valued at $422,000 after buying an additional 255 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 10.6% in the third quarter. Financial Network Wealth Advisors LLC now owns 2,674 shares of the company’s stock valued at $135,000 after buying an additional 256 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.28 on Thursday. The stock has a market capitalization of $42.50 billion, a PE ratio of 109.30 and a beta of 0.02. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.79. The company has a 50 day moving average of $50.33 and a 200-day moving average of $50.49.

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.