Aprio Wealth Management LLC trimmed its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 14.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 276,619 shares of the company’s stock after selling 47,856 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 3.8% of Aprio Wealth Management LLC’s holdings, making the stock its 7th largest position. Aprio Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,870,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in JPST. Morgan Stanley lifted its stake in JPMorgan Ultra-Short Income ETF by 17.9% during the fourth quarter. Morgan Stanley now owns 56,269,718 shares of the company’s stock worth $2,820,801,000 after purchasing an additional 8,540,248 shares during the last quarter. Bank of America Corp DE lifted its stake in JPMorgan Ultra-Short Income ETF by 18.5% during the fourth quarter. Bank of America Corp DE now owns 23,179,363 shares of the company’s stock worth $1,161,981,000 after purchasing an additional 3,612,871 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in JPMorgan Ultra-Short Income ETF by 129.2% during the first quarter. JPMorgan Chase & Co. now owns 19,073,068 shares of the company’s stock worth $959,758,000 after purchasing an additional 10,751,662 shares during the last quarter. UBS Group AG lifted its stake in JPMorgan Ultra-Short Income ETF by 4.8% during the first quarter. UBS Group AG now owns 12,336,123 shares of the company’s stock worth $620,754,000 after purchasing an additional 565,322 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 1.7% during the first quarter. LPL Financial LLC now owns 9,422,227 shares of the company’s stock worth $474,126,000 after purchasing an additional 161,657 shares during the last quarter.
JPMorgan Ultra-Short Income ETF Trading Up 0.0 %
JPST stock traded up $0.02 during mid-day trading on Tuesday, hitting $50.13. 1,259,541 shares of the stock were exchanged, compared to its average volume of 4,690,783. The business has a fifty day moving average price of $50.10 and a 200 day moving average price of $50.16. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.93 and a 12 month high of $50.40.
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.
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