JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Boyce & Associates Wealth Consulting Inc.

Boyce & Associates Wealth Consulting Inc. lessened its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 117,779 shares of the company’s stock after selling 6,210 shares during the period. JPMorgan Ultra-Short Income ETF comprises 5.5% of Boyce & Associates Wealth Consulting Inc.’s portfolio, making the stock its 5th largest holding. Boyce & Associates Wealth Consulting Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,969,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of JPST. Ameriflex Group Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $85,000. Fluent Financial LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $23,976,000. Comprehensive Money Management Services LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $504,000. Castle Rock Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.8% in the 4th quarter. Castle Rock Wealth Management LLC now owns 64,520 shares of the company’s stock worth $3,258,000 after acquiring an additional 2,957 shares during the period. Finally, Wealthedge Investment Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $2,366,000. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST opened at $50.73 on Wednesday. The firm has a 50-day moving average price of $50.64 and a 200 day moving average price of $50.56. The firm has a market capitalization of $32.39 billion, a PE ratio of 110.28 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.75.

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.