Bryn Mawr Trust Advisors LLC Has $24.36 Million Position in JPMorgan Ultra-Short Income ETF $JPST

Bryn Mawr Trust Advisors LLC cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 481,263 shares of the company’s stock after selling 16,214 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 1.2% of Bryn Mawr Trust Advisors LLC’s portfolio, making the stock its 15th largest position. Bryn Mawr Trust Advisors LLC owned approximately 0.06% of JPMorgan Ultra-Short Income ETF worth $24,357,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of JPST. Cardiff Park Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $25,000. Jackson Hole Capital Partners LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $28,000. Sittner & Nelson LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $30,000. Motiv8 Investments LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $32,000. Finally, TD Private Client Wealth LLC raised its stake in JPMorgan Ultra-Short Income ETF by 89.1% during the 4th quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock worth $38,000 after buying an additional 350 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.44 on Tuesday. The business’s 50 day simple moving average is $50.49 and its two-hundred day simple moving average is $50.57. The firm has a market cap of $39.78 billion, a P/E ratio of 109.65 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.39 and a 52-week high of $50.79.

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.