JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stake Lowered by Houlihan Financial Resource Group Ltd.

Houlihan Financial Resource Group Ltd. cut its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 203,998 shares of the company’s stock after selling 11,954 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 4.3% of Houlihan Financial Resource Group Ltd.’s investment portfolio, making the stock its 3rd largest position. Houlihan Financial Resource Group Ltd.’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,351,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position 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 worth $2,305,103,000 after acquiring an additional 10,546,138 shares in the last quarter. LPL Financial LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 13.5% in the second quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after purchasing an additional 1,235,482 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 22.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after buying an additional 1,053,392 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.4% in the 2nd 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. Finally, Cetera Investment Advisers grew its position in shares of JPMorgan Ultra-Short Income ETF by 31.0% in the 2nd quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock worth $118,360,000 after buying an additional 554,564 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.45 on Friday. The firm has a 50 day moving average of $50.56 and a 200 day moving average of $50.48. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.08 and a 52 week high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.