JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by CRA Financial Services LLC

CRA Financial Services LLC raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 171,549 shares of the company’s stock after buying an additional 11,045 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 1.0% of CRA Financial Services LLC’s investment portfolio, making the stock its 25th largest position. CRA Financial Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,641,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of JPST. HB Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.4% in the second quarter. HB Wealth Management LLC now owns 10,065,428 shares of the company’s stock valued at $506,509,000 after purchasing an additional 514,497 shares in the last quarter. Royal Bank of Canada raised its position in JPMorgan Ultra-Short Income ETF by 11.1% in the 1st quarter. Royal Bank of Canada now owns 5,372,821 shares of the company’s stock valued at $271,917,000 after buying an additional 534,875 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in JPMorgan Ultra-Short Income ETF by 7.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,647,775 shares of the company’s stock valued at $184,468,000 after buying an additional 245,314 shares during the last quarter. Cetera Investment Advisers raised its position in JPMorgan Ultra-Short Income ETF by 10.2% in the 1st quarter. Cetera Investment Advisers now owns 3,377,302 shares of the company’s stock valued at $170,925,000 after buying an additional 312,033 shares during the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp lifted its stake in JPMorgan Ultra-Short Income ETF by 215.9% during the 1st 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. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.34 on Friday. The company has a market capitalization of $42.52 billion, a price-to-earnings ratio of 109.43 and a beta of 0.01. The firm’s fifty day moving average price is $50.39 and its two-hundred day moving average price is $50.46. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.79.

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.