JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Waverly Advisors LLC

Waverly Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 54.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,757,191 shares of the company’s stock after acquiring an additional 619,736 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 0.7% of Waverly Advisors LLC’s portfolio, making the stock its 29th largest position. Waverly Advisors LLC owned approximately 0.24% of JPMorgan Ultra-Short Income ETF worth $88,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in JPST. JPMorgan Chase & Co. grew its holdings in 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 acquiring an additional 9,729,791 shares in the last quarter. Axxcess Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 568.5% in the 4th quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock valued at $393,694,000 after purchasing an additional 6,617,940 shares in the last quarter. Bank of America Corp DE raised its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after purchasing an additional 2,162,615 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp lifted its position in shares of JPMorgan Ultra-Short Income ETF by 215.9% during the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after purchasing an additional 1,921,600 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after purchasing an additional 1,459,312 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.48 on Friday. The company has a market capitalization of $40.00 billion, a price-to-earnings ratio of 109.74 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.39 and a one year high of $50.79. The stock has a 50-day simple moving average of $50.49 and a 200 day simple moving average of $50.56.

JPMorgan Ultra-Short Income ETF 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.