Texas Yale Capital Corp. Trims Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Texas Yale Capital Corp. reduced its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 80.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,966 shares of the company’s stock after selling 144,000 shares during the quarter. Texas Yale Capital Corp.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,823,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in 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 valued at $5,068,793,000 after acquiring an additional 2,598,084 shares during the period. Temasek Holdings Private Ltd purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at $842,655,000. LPL Financial LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 19.4% during 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 during the period. HB Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 4.0% during the 2nd quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock valued at $450,480,000 after purchasing an additional 342,791 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 22.6% during 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. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.62 on Friday. The company has a market cap of $34.19 billion, a P/E ratio of 110.04 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78. The business has a 50-day simple moving average of $50.67 and a two-hundred day simple moving average 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.