JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Sold by Invst LLC

Invst LLC lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 244,246 shares of the company’s stock after selling 37,797 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 1.4% of Invst LLC’s portfolio, making the stock its 18th largest position. Invst LLC owned 0.05% of JPMorgan Ultra-Short Income ETF worth $12,273,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in JPMorgan Ultra-Short Income ETF by 30.0% during the 1st quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock worth $2,305,103,000 after buying an additional 10,546,138 shares during the period. LPL Financial LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 13.5% in the second quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after acquiring an additional 1,235,482 shares in the last quarter. HB Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 5.8% during the first quarter. HB Wealth Management LLC now owns 8,076,454 shares of the company’s stock worth $405,234,000 after acquiring an additional 443,033 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 37.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock valued at $243,837,000 after acquiring an additional 1,317,710 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock valued at $182,463,000 after purchasing an additional 14,611 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.74 on Monday. The business has a fifty day moving average price of $50.57 and a 200 day moving average price of $50.44. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.96 and a 12 month high of $50.74.

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.