Delos Wealth Advisors LLC Sells 3,877 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Delos Wealth Advisors LLC trimmed its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,935 shares of the company’s stock after selling 3,877 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 2.2% of Delos Wealth Advisors LLC’s holdings, making the stock its 18th biggest position. Delos Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,318,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 30.0% in the first 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 during the last quarter. LPL Financial LLC increased its stake in 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 worth $524,028,000 after acquiring an additional 1,235,482 shares during the last quarter. HB Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.8% during the 1st quarter. HB Wealth Management LLC now owns 8,076,454 shares of the company’s stock worth $405,234,000 after acquiring an additional 443,033 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 37.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock valued at $243,837,000 after acquiring an additional 1,317,710 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 0.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock valued at $182,463,000 after acquiring an additional 14,611 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.69 on Friday. The company’s fifty day moving average is $50.55 and its 200 day moving average is $50.42. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $49.96 and a fifty-two week high of $50.69.

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.