PNC Financial Services Group Inc. Reduces Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

PNC Financial Services Group Inc. lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,298 shares of the company’s stock after selling 219 shares during the period. PNC Financial Services Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $216,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of JPST. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 39.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,993,049 shares of the company’s stock worth $902,891,000 after acquiring an additional 5,127,429 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 29.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 13,457,071 shares of the company’s stock valued at $675,949,000 after purchasing an additional 3,081,352 shares during the period. HB Wealth Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.4% in the fourth quarter. HB Wealth Management LLC now owns 7,633,421 shares of the company’s stock worth $381,244,000 after purchasing an additional 593,425 shares during the last quarter. Royal Bank of Canada increased its stake in JPMorgan Ultra-Short Income ETF by 5.2% in the 3rd quarter. Royal Bank of Canada now owns 3,877,960 shares of the company’s stock worth $194,596,000 after buying an additional 190,121 shares during the period. Finally, Townsquare Capital LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 2.9% during the 3rd quarter. Townsquare Capital LLC now owns 2,638,356 shares of the company’s stock valued at $132,393,000 after buying an additional 75,005 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of NYSEARCA JPST opened at $50.28 on Wednesday. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51. The business has a fifty day simple moving average of $50.37 and a two-hundred day simple moving average of $50.35.

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.