JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Next Capital Management LLC

Next Capital Management LLC trimmed its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 48.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,185 shares of the company’s stock after selling 18,966 shares during the period. Next Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,023,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in JPST. Temasek Holdings Private Ltd acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth $842,655,000. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock worth $5,068,793,000 after buying an additional 2,598,084 shares during the last quarter. LPL Financial LLC increased its holdings 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 valued at $767,511,000 after purchasing an additional 2,464,430 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings 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 valued at $346,121,000 after purchasing an additional 1,265,522 shares in the last quarter. Finally, Fountainhead AM LLC increased its holdings 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 valued at $91,134,000 after purchasing an additional 1,091,012 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Trading Down 0.4%

Shares of NYSEARCA JPST opened at $50.57 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.78. The company has a market cap of $34.15 billion, a P/E ratio of 109.93 and a beta of 0.01. The stock has a fifty day moving average price of $50.68 and a 200 day moving average price of $50.60.

JPMorgan Ultra-Short Income ETF Company 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.