JPMorgan Ultra-Short Income ETF $JPST Stock Position Trimmed by Savant Capital LLC

Savant Capital LLC trimmed its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 113,113 shares of the company’s stock after selling 10,462 shares during the quarter. Savant Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,722,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cardiff Park Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $25,000. Jackson Hole Capital Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $28,000. MGB Wealth Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $30,000. TD Private Client Wealth LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 89.1% during the 4th quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock worth $38,000 after buying an additional 350 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $38,000. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

JPST stock opened at $50.62 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.42 and a 52 week high of $50.79. The company has a market capitalization of $37.62 billion, a price-to-earnings ratio of 110.04 and a beta of 0.01. The firm’s 50-day moving average is $50.53 and its two-hundred day moving average is $50.62.

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.