JPMorgan Chase & Co. Acquires 9,729,791 Shares of JPMorgan Ultra-Short Income ETF $JPST

JPMorgan Chase & Co. increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.1% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 106,472,614 shares of the company’s stock after buying an additional 9,729,791 shares during the quarter. JPMorgan Chase & Co. owned about 14.84% of JPMorgan Ultra-Short Income ETF worth $5,386,450,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of JPST. Mezzasalma Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 70.9% during the 4th quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock valued at $4,082,000 after acquiring an additional 33,446 shares during the period. Webster Bank N. A. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 27.0% during the 4th quarter. Webster Bank N. A. now owns 107,339 shares of the company’s stock valued at $5,430,000 after acquiring an additional 22,815 shares during the period. Greenberg Financial Group bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $1,544,000. Authentikos Wealth Advisory LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 56.6% during the 3rd quarter. Authentikos Wealth Advisory LLC now owns 45,098 shares of the company’s stock valued at $2,288,000 after acquiring an additional 16,299 shares during the period. Finally, Optima Capital LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $3,485,000. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.41 on Monday. The stock’s 50 day moving average is $50.52 and its 200 day moving average is $50.61. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.41 and a 12 month high of $50.79. The stock has a market cap of $37.47 billion, a PE ratio of 109.59 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.