Capital Advisors Wealth Management LLC Sells 60,671 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Capital Advisors Wealth Management LLC trimmed its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 264,445 shares of the company’s stock after selling 60,671 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 2.5% of Capital Advisors Wealth Management LLC’s holdings, making the stock its 12th largest position. Capital Advisors Wealth Management LLC owned 0.06% of JPMorgan Ultra-Short Income ETF worth $13,418,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of JPMorgan Ultra-Short Income ETF by 30.0% during the 1st quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock worth $2,305,103,000 after purchasing an additional 10,546,138 shares in the last quarter. LPL Financial LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 13.5% during the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after acquiring an additional 1,235,482 shares during the last quarter. HB Wealth Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 5.8% in the first quarter. HB Wealth Management LLC now owns 8,076,454 shares of the company’s stock valued at $405,234,000 after buying an additional 443,033 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 37.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock valued at $243,837,000 after buying an additional 1,317,710 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock valued at $182,463,000 after buying an additional 14,611 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.55 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.97 and a 1-year high of $50.75. The company’s fifty day simple moving average is $50.58 and its 200 day simple moving average is $50.45.

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.