Mutual Advisors LLC Grows Position in JPMorgan Ultra-Short Income ETF $JPST

Mutual Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.1% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 256,968 shares of the company’s stock after buying an additional 31,739 shares during the quarter. Mutual Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,010,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of JPST. Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 10.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,588,353 shares of the company’s stock valued at $282,938,000 after purchasing an additional 506,315 shares during the last quarter. Stone Summit Wealth LLC grew its position in JPMorgan Ultra-Short Income ETF by 32.9% in the 1st quarter. Stone Summit Wealth LLC now owns 43,236 shares of the company’s stock worth $2,189,000 after purchasing an additional 10,713 shares during the period. Tiemann Investment Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 9.3% in the 1st quarter. Tiemann Investment Advisors LLC now owns 135,537 shares of the company’s stock worth $6,862,000 after purchasing an additional 11,570 shares during the period. San Luis Wealth Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 36.1% during the 2nd quarter. San Luis Wealth Advisors LLC now owns 674,498 shares of the company’s stock valued at $34,184,000 after buying an additional 179,002 shares during the last quarter. Finally, Clear Point Advisors Inc. raised its stake in JPMorgan Ultra-Short Income ETF by 3.1% during the 2nd quarter. Clear Point Advisors Inc. now owns 64,613 shares of the company’s stock valued at $3,275,000 after buying an additional 1,920 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.67 on Wednesday. The stock has a market capitalization of $34.17 billion, a price-to-earnings ratio of 110.15 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.76. The business’s fifty day moving average price is $50.66 and its 200-day moving average price is $50.57.

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.