60,252 JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Optima Capital LLC

Optima Capital LLC reduced its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 86.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,209 shares of the company’s stock after selling 60,252 shares during the quarter. Optima Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $464,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Intrua Financial LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the 3rd quarter. Intrua Financial LLC now owns 131,536 shares of the company’s stock worth $6,625,000 after purchasing an additional 13,213 shares in the last quarter. Aprio Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.3% in the 3rd quarter. Aprio Wealth Management LLC now owns 348,056 shares of the company’s stock valued at $17,532,000 after purchasing an additional 35,216 shares in the last quarter. Global View Capital Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $328,000. Partners Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at about $305,000. Finally, Soltis Investment Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 1.0% in the third quarter. Soltis Investment Advisors LLC now owns 378,322 shares of the company’s stock valued at $19,056,000 after purchasing an additional 3,803 shares during the period. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.43 on Monday. The company has a market cap of $42.55 billion, a P/E ratio of 109.63 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.79. The company’s 50-day moving average price is $50.37 and its 200 day moving average price is $50.50.

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.