Asset Allocation Strategies LLC Sells 21,418 Shares of JPMorgan Ultra-Short Income ETF $JPST

Asset Allocation Strategies LLC reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 64.6% in the 4th quarter, Holdings Channel reports. The firm owned 11,738 shares of the company’s stock after selling 21,418 shares during the quarter. Asset Allocation Strategies LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $594,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of JPST. Millennium Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 23.0% during the 1st quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock worth $12,575,000 after buying an additional 46,400 shares during the period. Goldman Sachs Group Inc. bought a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter worth approximately $3,603,000. EverSource Wealth Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 99.6% in the second quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock valued at $50,000 after acquiring an additional 496 shares in the last quarter. First Trust Advisors LP bought a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $203,000. Finally, Brown Advisory Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.6% in the second quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock valued at $310,000 after acquiring an additional 431 shares in the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPST stock opened at $50.49 on Friday. The firm has a market cap of $37.53 billion, a PE ratio of 109.76 and a beta of 0.01. The business has a 50 day moving average of $50.51 and a 200-day moving average of $50.60. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.41 and a 12-month high of $50.79.

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.