Childress Capital Advisors LLC Sells 12,388 Shares of JPMorgan Ultra-Short Income ETF $JPST

Childress Capital Advisors LLC lessened its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 62.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,434 shares of the company’s stock after selling 12,388 shares during the quarter. Childress Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $377,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of JPST. 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 JPMorgan Ultra-Short Income ETF during the second quarter worth $35,000. Silicon Valley Capital Partners acquired a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $37,000. American National Bank & Trust bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $38,000. Finally, Frazier Financial Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth about $41,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPST stock opened at $50.64 on Thursday. The business has a 50 day moving average price of $50.66 and a two-hundred day moving average price of $50.65. The company has a market cap of $35.44 billion, a price-to-earnings ratio of 110.09 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.78.

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.