JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Roof Eidam Maycock Peralta LLC

Roof Eidam Maycock Peralta LLC reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 779,786 shares of the company’s stock after selling 33,315 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 9.7% of Roof Eidam Maycock Peralta LLC’s holdings, making the stock its biggest position. Roof Eidam Maycock Peralta LLC owned 0.12% of JPMorgan Ultra-Short Income ETF worth $39,520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in JPST. JPMorgan Chase & Co. grew its stake in JPMorgan Ultra-Short Income ETF by 2.7% in the first quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock worth $5,068,793,000 after purchasing an additional 2,598,084 shares in the last quarter. Temasek Holdings Private Ltd acquired a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth about $842,655,000. LPL Financial LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 19.4% in the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock worth $767,511,000 after acquiring an additional 2,464,430 shares in the last quarter. HB Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 4.0% in the 2nd quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock worth $450,480,000 after acquiring an additional 342,791 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 22.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after acquiring an additional 1,265,522 shares in the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of JPST opened at $50.71 on Friday. The firm has a market cap of $34.19 billion, a price-to-earnings ratio of 110.24 and a beta of 0.03. The stock has a 50 day moving average of $50.66 and a 200-day moving average of $50.57. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.76.

About JPMorgan Ultra-Short Income ETF

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.