JPMorgan Ultra-Short Income ETF $JPST Position Lowered by Sowell Financial Services LLC

Sowell Financial Services LLC lessened its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 39.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 212,477 shares of the company’s stock after selling 140,628 shares during the quarter. Sowell Financial Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,702,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in JPST. Quadrant Capital Group LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 7.6% in the third quarter. Quadrant Capital Group LLC now owns 2,123,117 shares of the company’s stock worth $106,814,000 after purchasing an additional 149,149 shares in the last quarter. Parkside Investments LLC lifted its position in JPMorgan Ultra-Short Income ETF by 37.8% during the third quarter. Parkside Investments LLC now owns 145,534 shares of the company’s stock valued at $7,331,000 after buying an additional 39,950 shares during the period. Pinnacle Associates Ltd. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 21.3% during the 3rd quarter. Pinnacle Associates Ltd. now owns 121,159 shares of the company’s stock valued at $6,103,000 after buying an additional 21,238 shares in the last quarter. Integrated Advisors Network LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 15.2% during the 3rd quarter. Integrated Advisors Network LLC now owns 15,488 shares of the company’s stock valued at $780,000 after buying an additional 2,042 shares in the last quarter. Finally, Taylor Securities Services Inc. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.0% during the 3rd quarter. Taylor Securities Services Inc. now owns 246,021 shares of the company’s stock valued at $12,392,000 after buying an additional 7,089 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.35 on Wednesday. The stock has a market cap of $42.53 billion, a PE ratio of 109.46 and a beta of 0.01. The firm’s 50-day simple moving average is $50.39 and its two-hundred day simple moving average is $50.46. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.79.

JPMorgan Ultra-Short Income ETF Company Profile

(Free Report)

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.

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