JPMorgan Ultra-Short Income ETF $JPST Position Lowered by BayBridge Capital Group LLC

BayBridge Capital Group LLC trimmed its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.3% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 61,184 shares of the company’s stock after selling 1,425 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 2.0% of BayBridge Capital Group LLC’s portfolio, making the stock its 10th biggest position. BayBridge Capital Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,101,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. NewSquare Capital LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 158.2% in the first quarter. NewSquare Capital LLC now owns 24,220 shares of the company’s stock worth $1,226,000 after acquiring an additional 14,838 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in JPMorgan Ultra-Short Income ETF by 10.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,588,353 shares of the company’s stock worth $282,938,000 after purchasing an additional 506,315 shares during the period. Stone Summit Wealth LLC raised its stake in JPMorgan Ultra-Short Income ETF by 32.9% during the 1st quarter. Stone Summit Wealth LLC now owns 43,236 shares of the company’s stock valued at $2,189,000 after buying an additional 10,713 shares during the last quarter. Tiemann Investment Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 9.3% during the 1st quarter. Tiemann Investment Advisors LLC now owns 135,537 shares of the company’s stock valued at $6,862,000 after buying an additional 11,570 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 624.0% in the first quarter. PNC Financial Services Group Inc. now owns 8,319 shares of the company’s stock worth $421,000 after acquiring an additional 7,170 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.74 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.75. The stock has a fifty day moving average of $50.65 and a 200 day moving average of $50.56. The stock has a market cap of $32.40 billion, a PE ratio of 110.30 and a beta of 0.03.

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.