Leverty Financial Group LLC Sells 12,418 Shares of JPMorgan Ultra-Short Income ETF $JPST

Leverty Financial Group LLC lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 504,422 shares of the company’s stock after selling 12,418 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 5.0% of Leverty Financial Group LLC’s holdings, making the stock its 7th biggest holding. Leverty Financial Group LLC owned 0.06% of JPMorgan Ultra-Short Income ETF worth $25,509,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in JPST. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 10.1% in the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after buying an additional 9,729,791 shares in the last quarter. Morgan Stanley increased its stake in shares of JPMorgan Ultra-Short Income ETF by 2.4% during the 4th quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock worth $3,109,705,000 after purchasing an additional 1,449,509 shares in the last quarter. LPL Financial LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after purchasing an additional 1,459,312 shares during the last quarter. Bank of America Corp DE raised its position in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after purchasing an additional 2,162,615 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock valued at $579,023,000 after buying an additional 194,855 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.45 on Wednesday. The business’s fifty day moving average price is $50.47 and its two-hundred day moving average price is $50.55. The stock has a market cap of $40.34 billion, a PE ratio of 109.67 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.39 and a one year high of $50.79.

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.