JPMorgan Ultra-Short Income ETF $JPST Stock Sold by Verus Capital Partners LLC

Verus Capital Partners LLC decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 34.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,215 shares of the company’s stock after selling 24,452 shares during the period. Verus Capital Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,328,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of JPST. Strengthening Families & Communities LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $28,000. Hughes Financial Services LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 75.8% in the third quarter. Hughes Financial Services LLC now owns 589 shares of the company’s stock valued at $30,000 after acquiring an additional 254 shares in the last quarter. Beacon Financial Strategies CORP purchased a new position in JPMorgan Ultra-Short Income ETF in the second quarter valued at $34,000. Allied Private Wealth LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the second quarter valued at $38,000. Finally, Rice Partnership LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 327.5% in the first quarter. Rice Partnership LLC now owns 855 shares of the company’s stock valued at $43,000 after purchasing an additional 655 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.30 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79. The stock has a market capitalization of $42.55 billion, a price-to-earnings ratio of 109.35 and a beta of 0.02. The business has a fifty day moving average price of $50.34 and a 200 day moving average price of $50.49.

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.