Portside Wealth Group LLC Has $640,000 Holdings in JPMorgan Ultra-Short Income ETF $JPST

Portside Wealth Group LLC decreased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 96.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,622 shares of the company’s stock after selling 394,711 shares during the quarter. Portside Wealth Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $640,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Strategent Financial LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the 2nd quarter. Strategent Financial LLC now owns 349,122 shares of the company’s stock worth $17,694,000 after acquiring an additional 4,657 shares in the last quarter. San Luis Wealth Advisors LLC raised its position in JPMorgan Ultra-Short Income ETF by 36.1% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 674,498 shares of the company’s stock valued at $34,184,000 after purchasing an additional 179,002 shares during the last quarter. Tiemann Investment Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 9.3% in the first quarter. Tiemann Investment Advisors LLC now owns 135,537 shares of the company’s stock worth $6,862,000 after purchasing an additional 11,570 shares in the last quarter. Clear Point Advisors Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 3.1% in the second quarter. Clear Point Advisors Inc. now owns 64,613 shares of the company’s stock worth $3,275,000 after purchasing an additional 1,920 shares in the last quarter. Finally, Plotkin Financial Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 16.6% during the second quarter. Plotkin Financial Advisors LLC now owns 104,738 shares of the company’s stock worth $5,308,000 after purchasing an additional 14,939 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPMorgan Ultra-Short Income ETF stock opened at $50.67 on Wednesday. The stock has a 50-day simple moving average of $50.68 and a 200 day simple moving average of $50.61. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.78. The stock has a market capitalization of $34.22 billion, a price-to-earnings ratio of 110.15 and a beta of 0.01.

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.