Prairie Wealth Advisors Inc. cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 6.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,179 shares of the company’s stock after selling 965 shares during the period. Prairie Wealth Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $769,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in JPST. Temasek Holdings Private Ltd bought a new stake in JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $842,655,000. JPMorgan Chase & Co. grew its position in JPMorgan Ultra-Short Income ETF by 2.7% in the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock worth $5,068,793,000 after purchasing an additional 2,598,084 shares in the last quarter. LPL Financial LLC grew its position in JPMorgan Ultra-Short Income ETF by 19.4% in the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock worth $767,511,000 after purchasing an additional 2,464,430 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in JPMorgan Ultra-Short Income ETF by 22.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after purchasing an additional 1,265,522 shares in the last quarter. Finally, Fountainhead AM LLC grew its position in JPMorgan Ultra-Short Income ETF by 153.9% in the 1st quarter. Fountainhead AM LLC now owns 1,799,998 shares of the company’s stock worth $91,134,000 after purchasing an additional 1,091,012 shares in the last quarter. 2.17% of the stock is owned by institutional investors.
JPMorgan Ultra-Short Income ETF Stock Performance
Shares of JPST stock opened at $50.73 on Thursday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.78. The company has a 50-day simple moving average of $50.68 and a two-hundred day simple moving average of $50.59. The company has a market capitalization of $34.26 billion, a price-to-earnings ratio of 110.28 and a beta of 0.01.
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.
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