25,097 JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Hartford Financial Management Inc.

Hartford Financial Management Inc. raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 134,583 shares of the company’s stock after acquiring an additional 25,097 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 1.5% of Hartford Financial Management Inc.’s portfolio, making the stock its 19th biggest holding. Hartford Financial Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,779,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Adventist Health System Sunbelt Healthcare Corp raised its position in JPMorgan Ultra-Short Income ETF by 215.9% in 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 acquiring an additional 1,921,600 shares during the period. Fluent Financial LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 454.3% in the 3rd quarter. Fluent Financial LLC now owns 1,217,803 shares of the company’s stock worth $61,341,000 after purchasing an additional 998,097 shares in the last quarter. Kensington Asset Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 71.7% in the 1st quarter. Kensington Asset Management LLC now owns 1,994,639 shares of the company’s stock worth $100,949,000 after purchasing an additional 832,640 shares in the last quarter. Intrua Financial LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 721.3% in the 1st quarter. Intrua Financial LLC now owns 808,670 shares of the company’s stock worth $40,927,000 after purchasing an additional 710,213 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 50.0% in the 2nd quarter. HighTower Advisors LLC now owns 1,988,463 shares of the company’s stock worth $100,557,000 after purchasing an additional 662,886 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.35 on Thursday. The stock has a market cap of $42.53 billion, a P/E ratio of 109.46 and a beta of 0.01. The stock’s fifty day moving average is $50.39 and its 200 day moving average is $50.46. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79.

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.