Inspire Advisors LLC Sells 15,263 Shares of JPMorgan Ultra-Short Income ETF $JPST

Inspire Advisors LLC reduced its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 59.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,463 shares of the company’s stock after selling 15,263 shares during the period. Inspire Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $531,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Brentview Investment Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $35,000. Silicon Valley Capital Partners bought a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $37,000. American National Bank & Trust purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $38,000. Frazier Financial Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $41,000. Finally, Quaker Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 173.1% during the second 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 in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA JPST opened at $50.68 on Wednesday. The firm has a market cap of $36.12 billion, a P/E ratio of 110.17 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. The company has a 50 day moving average of $50.66 and a 200 day moving average of $50.65.

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.