JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Worth Asset Management LLC

Worth Asset Management LLC trimmed its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,767 shares of the company’s stock after selling 18,357 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 1.8% of Worth Asset Management LLC’s portfolio, making the stock its 8th largest holding. Worth Asset Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,796,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Cardiff Park Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $25,000. Jackson Hole Capital Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $28,000. MGB Wealth Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at about $30,000. Sittner & Nelson LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $30,000. Finally, Motiv8 Investments LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $32,000. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Down 0.0%

JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Tuesday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.41 and a 52 week high of $50.79. The stock has a market cap of $37.52 billion, a price-to-earnings ratio of 109.74 and a beta of 0.01. The company’s 50-day moving average price is $50.51 and its two-hundred day moving average price is $50.59.

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.