Creative Planning Sells 36,446 Shares of JPMorgan Ultra-Short Income ETF $JPST

Creative Planning cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 47.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,124 shares of the company’s stock after selling 36,446 shares during the quarter. Creative Planning’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,084,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in JPST. Centurion Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 2.0% during the second quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock worth $515,000 after buying an additional 200 shares during the last quarter. Kathleen S. Wright Associates Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 2.3% in the 2nd quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock valued at $497,000 after acquiring an additional 220 shares during the last quarter. CWC Advisors LLC. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.1% during the 2nd quarter. CWC Advisors LLC. now owns 5,468 shares of the company’s stock valued at $277,000 after acquiring an additional 263 shares in the last quarter. First Horizon Advisors Inc. grew its position in JPMorgan Ultra-Short Income ETF by 7.2% during the 2nd quarter. First Horizon Advisors Inc. now owns 3,965 shares of the company’s stock worth $201,000 after acquiring an additional 265 shares during the last quarter. Finally, Muirfield Wealth Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 7.1% during the 2nd quarter. Muirfield Wealth Advisors LLC now owns 4,326 shares of the company’s stock worth $219,000 after acquiring an additional 286 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPMorgan Ultra-Short Income ETF stock opened at $50.74 on Wednesday. The stock has a 50-day moving average price of $50.68 and a two-hundred day moving average price of $50.62. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.78. The company has a market capitalization of $34.27 billion, a PE ratio of 110.30 and a beta of 0.01.

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.