Dynamic Advisor Solutions LLC Sells 13,604 Shares of JPMorgan Ultra-Short Income ETF $JPST

Dynamic Advisor Solutions LLC reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 570,817 shares of the company’s stock after selling 13,604 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 0.8% of Dynamic Advisor Solutions LLC’s investment portfolio, making the stock its 21st largest position. Dynamic Advisor Solutions LLC owned approximately 0.08% of JPMorgan Ultra-Short Income ETF worth $28,958,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Centurion Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 2.0% during the 2nd quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock valued at $515,000 after buying an additional 200 shares in the last quarter. Kathleen S. Wright Associates Inc. increased its position in shares of JPMorgan Ultra-Short Income ETF by 2.3% during the second quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock worth $497,000 after acquiring an additional 220 shares during the period. Keel Point LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 1.4% during the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock valued at $862,000 after acquiring an additional 239 shares in the last quarter. CWC Advisors LLC. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.1% in the second quarter. CWC Advisors LLC. now owns 5,468 shares of the company’s stock valued at $277,000 after purchasing an additional 263 shares during the period. Finally, First Horizon Advisors Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 7.2% in the second quarter. First Horizon Advisors Inc. now owns 3,965 shares of the company’s stock worth $201,000 after purchasing an additional 265 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA JPST opened at $50.69 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.78. The firm has a market cap of $34.24 billion, a PE ratio of 110.20 and a beta of 0.01. The business has a fifty day simple moving average of $50.67 and a two-hundred day simple moving average of $50.63.

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.