11,147 JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Jacobi Capital Management LLC

Jacobi Capital Management LLC reduced its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 465,633 shares of the company’s stock after selling 11,147 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 1.1% of Jacobi Capital Management LLC’s holdings, making the stock its 14th biggest position. Jacobi Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $23,454,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Adventist Health System Sunbelt Healthcare Corp lifted its position in shares of JPMorgan Ultra-Short Income ETF by 215.9% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after buying an additional 1,921,600 shares during the last quarter. Fluent Financial LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 454.3% in the 3rd quarter. Fluent Financial LLC now owns 1,217,803 shares of the company’s stock valued at $61,341,000 after buying an additional 998,097 shares in the last quarter. Kensington Asset Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 71.7% in the 1st quarter. Kensington Asset Management LLC now owns 1,994,639 shares of the company’s stock valued at $100,949,000 after buying an additional 832,640 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 50.0% in the 2nd quarter. HighTower Advisors LLC now owns 1,988,463 shares of the company’s stock valued at $100,557,000 after buying an additional 662,886 shares in the last quarter. Finally, Ridgepath Capital Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 214.7% in the 1st quarter. Ridgepath Capital Management LLC now owns 938,877 shares of the company’s stock valued at $47,517,000 after buying an additional 640,542 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.28 on Thursday. The firm’s fifty day moving average price is $50.33 and its 200 day moving average price is $50.49. The company has a market capitalization of $42.50 billion, a price-to-earnings ratio of 109.30 and a beta of 0.02. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79.

JPMorgan Ultra-Short Income ETF 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.