JPMorgan Ultra-Short Income ETF $JPST Stock: TD Waterhouse Canada Inc. Increases Holdings

TD Waterhouse Canada Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 73.0% in the third quarter, Holdings Channel.com reports. The firm owned 105,534 shares of the company’s stock after buying an additional 44,518 shares during the period. TD Waterhouse Canada Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,300,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Woodside Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 5.0% in the 3rd quarter. Woodside Wealth Management LLC now owns 145,583 shares of the company’s stock valued at $7,333,000 after purchasing an additional 6,898 shares in the last quarter. Rise Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 1.3% during the third quarter. Rise Advisors LLC now owns 66,187 shares of the company’s stock worth $3,334,000 after purchasing an additional 830 shares during the last quarter. Surience Private Wealth LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter worth about $490,000. Sherman Wealth Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 30.5% in the third quarter. Sherman Wealth Management LLC now owns 162,809 shares of the company’s stock worth $8,201,000 after purchasing an additional 38,084 shares in the last quarter. Finally, Patriot Investment Management Group Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 35.7% in the third quarter. Patriot Investment Management Group Inc. now owns 10,613 shares of the company’s stock worth $535,000 after purchasing an additional 2,792 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.34 on Tuesday. The business has a 50-day moving average price of $50.39 and a 200 day moving average price of $50.46. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.79. The firm has a market cap of $42.52 billion, a P/E ratio of 109.43 and a beta of 0.01.

About JPMorgan Ultra-Short Income ETF

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.