Stephens Inc. AR Raises Holdings in JPMorgan Ultra-Short Income ETF $JPST

Stephens Inc. AR grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.8% in the first quarter, Holdings Channel reports. The firm owned 829,222 shares of the company’s stock after buying an additional 22,926 shares during the quarter. Stephens Inc. AR’s holdings in JPMorgan Ultra-Short Income ETF were worth $41,967,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Berger Financial Group Inc lifted its stake in JPMorgan Ultra-Short Income ETF by 192.5% during the 1st quarter. Berger Financial Group Inc now owns 34,756 shares of the company’s stock valued at $1,759,000 after acquiring an additional 22,873 shares during the period. Walkner Condon Financial Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 15.8% during the first quarter. Walkner Condon Financial Advisors LLC now owns 95,814 shares of the company’s stock valued at $4,848,000 after purchasing an additional 13,050 shares during the last quarter. NBT Bank N A NY raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.9% during the first quarter. NBT Bank N A NY now owns 41,105 shares of the company’s stock valued at $2,080,000 after purchasing an additional 2,279 shares during the last quarter. Integral Investment Advisors Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 12.4% during the first quarter. Integral Investment Advisors Inc. now owns 115,160 shares of the company’s stock valued at $5,828,000 after purchasing an additional 12,659 shares during the period. Finally, Koshinski Asset Management Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 7.4% during the first quarter. Koshinski Asset Management Inc. now owns 5,347 shares of the company’s stock valued at $271,000 after purchasing an additional 370 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.42 on Monday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79. The firm’s 50 day moving average is $50.51 and its 200 day moving average is $50.58. The stock has a market capitalization of $39.27 billion, a P/E ratio of 109.61 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.