JPMorgan Ultra-Short Income ETF $JPST Stock Holdings Lowered by Bell Bank

Bell Bank lessened its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 34.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,259 shares of the company’s stock after selling 9,990 shares during the period. Bell Bank’s holdings in JPMorgan Ultra-Short Income ETF were worth $977,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Chelsea Counsel Co. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $25,000. Brentview Investment Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $35,000. Silicon Valley Capital Partners bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $37,000. Frazier Financial Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $41,000. Finally, Quaker Wealth Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 173.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock valued at $41,000 after acquiring an additional 1,906 shares during the period. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.62 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.78. The business’s fifty day moving average price is $50.67 and its two-hundred day moving average price is $50.64. The company has a market capitalization of $35.42 billion, a P/E ratio of 110.04 and a beta of 0.01.

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.