Financial Perspectives Inc Has $5 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Financial Perspectives Inc cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,130 shares of the company’s stock after selling 1,113 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.9% of Financial Perspectives Inc’s portfolio, making the stock its 13th biggest holding. Financial Perspectives Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,001,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Ellerson Group Inc. ADV acquired a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $138,000. LaSalle St. Investment Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 30.3% during the third quarter. LaSalle St. Investment Advisors LLC now owns 18,612 shares of the company’s stock valued at $933,000 after purchasing an additional 4,326 shares during the period. JPMorgan Chase & Co. grew its holdings in JPMorgan Ultra-Short Income ETF by 39.9% during the third quarter. JPMorgan Chase & Co. now owns 17,993,049 shares of the company’s stock valued at $902,891,000 after purchasing an additional 5,127,429 shares during the period. Sei Investments Co. grew its holdings in JPMorgan Ultra-Short Income ETF by 2.5% during the third quarter. Sei Investments Co. now owns 1,239,914 shares of the company’s stock valued at $62,218,000 after purchasing an additional 30,188 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.2% in the third quarter. Royal Bank of Canada now owns 3,877,960 shares of the company’s stock worth $194,596,000 after acquiring an additional 190,121 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

NYSEARCA JPST traded up $0.02 during trading hours on Thursday, reaching $50.30. 2,978,162 shares of the stock traded hands, compared to its average volume of 3,805,831. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.93 and a 1 year high of $50.51. The stock has a 50 day simple moving average of $50.37 and a two-hundred day simple moving average of $50.35.

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.