Cwm LLC Increases Stake in JPMorgan Ultra-Short Income ETF $JPST

Cwm LLC grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,161,836 shares of the company’s stock after acquiring an additional 27,067 shares during the period. Cwm LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $58,940,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Chelsea Counsel Co. purchased a new stake in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at approximately $25,000. Brentview Investment Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $35,000. Silicon Valley Capital Partners acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $37,000. Frazier Financial Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $41,000. Finally, Quaker Wealth Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 173.1% during the second quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after acquiring an additional 1,906 shares during the period. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.73 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.78. The stock has a fifty day moving average price of $50.67 and a two-hundred day moving average price of $50.64. The stock has a market capitalization of $34.26 billion, a price-to-earnings ratio of 110.28 and a beta of 0.01.

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.