Summit Place Financial Advisors LLC Acquires 13,349 Shares of JPMorgan Ultra-Short Income ETF $JPST

Summit Place Financial Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 72.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 31,668 shares of the company’s stock after buying an additional 13,349 shares during the quarter. Summit Place Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,605,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Acima Private Wealth LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 27.9% during the second quarter. Acima Private Wealth LLC now owns 18,178 shares of the company’s stock worth $921,000 after acquiring an additional 3,962 shares during the last quarter. JFS Wealth Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 0.4% during the second quarter. JFS Wealth Advisors LLC now owns 292,252 shares of the company’s stock worth $14,811,000 after acquiring an additional 1,080 shares during the last quarter. Greenwood Gearhart Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 13.9% during the second quarter. Greenwood Gearhart Inc. now owns 1,310,993 shares of the company’s stock worth $66,441,000 after acquiring an additional 159,640 shares during the last quarter. PDS Planning Inc boosted its position in shares of JPMorgan Ultra-Short Income ETF by 13.2% during the second quarter. PDS Planning Inc now owns 31,814 shares of the company’s stock worth $1,612,000 after acquiring an additional 3,709 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 3.3% during the second quarter. Robertson Stephens Wealth Management LLC now owns 13,984 shares of the company’s stock worth $709,000 after acquiring an additional 441 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.64 on Friday. The firm has a fifty day moving average price of $50.65 and a 200 day moving average price of $50.57. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.76. The firm has a market cap of $34.15 billion, a price-to-earnings ratio of 110.09 and a beta of 0.03.

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.