Stephens Inc. AR Sells 41,980 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Stephens Inc. AR lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 754,328 shares of the company’s stock after selling 41,980 shares during the period. Stephens Inc. AR owned about 0.17% of JPMorgan Ultra-Short Income ETF worth $38,275,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in JPST. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 30.0% in the 1st quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock valued at $2,305,103,000 after purchasing an additional 10,546,138 shares during the period. Cetera Investment Advisers lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 927.2% in the 1st quarter. Cetera Investment Advisers now owns 1,790,596 shares of the company’s stock valued at $90,336,000 after purchasing an additional 1,616,273 shares during the period. LPL Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 13.5% in the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock valued at $524,028,000 after purchasing an additional 1,235,482 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 22.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after purchasing an additional 1,053,392 shares during the period. Finally, Spire Wealth Management lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 207.5% in the 2nd quarter. Spire Wealth Management now owns 1,515,432 shares of the company’s stock valued at $76,484,000 after purchasing an additional 1,022,638 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.59 on Friday. The business’s 50-day moving average is $50.59 and its 200-day moving average is $50.47. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.97 and a 1 year high of $50.75.

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.