Fortitude Family Office LLC Has $2.03 Million Holdings in JPMorgan Ultra-Short Income ETF $JPST

Fortitude Family Office LLC cut its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 31.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,089 shares of the company’s stock after selling 18,315 shares during the period. Fortitude Family Office LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,032,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Centurion Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 2.0% in the second quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock worth $515,000 after acquiring an additional 200 shares during the last quarter. Floyd Financial Group LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 0.3% in the first quarter. Floyd Financial Group LLC now owns 76,218 shares of the company’s stock worth $3,859,000 after acquiring an additional 239 shares during the last quarter. CWC Advisors LLC. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 5.1% in the second quarter. CWC Advisors LLC. now owns 5,468 shares of the company’s stock worth $277,000 after acquiring an additional 263 shares during the last quarter. Lighthouse Wealth Management Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 2.4% in the first quarter. Lighthouse Wealth Management Inc. now owns 11,833 shares of the company’s stock worth $599,000 after acquiring an additional 273 shares during the last quarter. Finally, Apella Capital LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 1.5% in the first quarter. Apella Capital LLC now owns 19,521 shares of the company’s stock worth $983,000 after acquiring an additional 285 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Trading Down 0.0%

Shares of NYSEARCA JPST opened at $50.72 on Tuesday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.75. The company has a market cap of $32.38 billion, a PE ratio of 110.26 and a beta of 0.03. The company has a 50-day moving average of $50.64 and a two-hundred day moving average of $50.56.

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.