Dynamic Advisor Solutions LLC Lowers Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Dynamic Advisor Solutions LLC cut its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 570,817 shares of the company’s stock after selling 13,604 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 0.8% of Dynamic Advisor Solutions LLC’s holdings, making the stock its 21st biggest holding. Dynamic Advisor Solutions LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $28,958,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Chelsea Counsel Co. bought a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter valued at $25,000. Brentview Investment Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $35,000. Silicon Valley Capital Partners purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $37,000. Quaker Wealth Management LLC boosted its position in 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 purchasing an additional 1,906 shares in the last quarter. Finally, Vestor Capital LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the second quarter valued at about $41,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.69 on Friday. The company has a market capitalization of $34.24 billion, a PE ratio of 110.20 and a beta of 0.01. The company has a 50-day simple moving average of $50.67 and a two-hundred day simple moving average of $50.63. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.78.

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.