FAS Wealth Partners Inc. Sells 11,178 Shares of JPMorgan Ultra-Short Income ETF $JPST

FAS Wealth Partners Inc. cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 63,270 shares of the company’s stock after selling 11,178 shares during the period. FAS Wealth Partners Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,210,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Brentview Investment Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $35,000. Silicon Valley Capital Partners purchased a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $37,000. American National Bank & Trust purchased a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $38,000. Frazier Financial Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $41,000. Finally, Quaker Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 173.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after acquiring an additional 1,906 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.67 on Friday. The company has a fifty day moving average price of $50.66 and a 200-day moving average price of $50.65. The firm has a market cap of $35.95 billion, a price-to-earnings ratio of 110.15 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year 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.