JPMorgan Ultra-Short Income ETF $JPST Stake Lifted by Round Rock Advisors LLC

Round Rock Advisors LLC raised its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 953,692 shares of the company’s stock after purchasing an additional 47,631 shares during the period. JPMorgan Ultra-Short Income ETF comprises 6.2% of Round Rock Advisors LLC’s portfolio, making the stock its 4th biggest position. Round Rock Advisors LLC owned 0.12% of JPMorgan Ultra-Short Income ETF worth $48,228,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in JPST. JPMorgan Chase & Co. grew its position in shares of JPMorgan Ultra-Short Income ETF by 10.1% during the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after buying an additional 9,729,791 shares in the last quarter. Axxcess Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 568.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock valued at $393,694,000 after buying an additional 6,617,940 shares during the period. Bank of America Corp DE raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after acquiring an additional 2,162,615 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 215.9% in the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock valued at $142,290,000 after acquiring an additional 1,921,600 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after acquiring an additional 1,459,312 shares during the period. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.37 on Thursday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.35 and a 1-year high of $50.79. The company has a 50-day moving average of $50.48 and a 200 day moving average of $50.52. The firm has a market cap of $40.28 billion, a PE ratio of 109.50 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.