27,504 Shares in JPMorgan Ultra-Short Income ETF $JPST Purchased by Tenet Wealth Partners LLC

Tenet Wealth Partners LLC bought a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 27,504 shares of the company’s stock, valued at approximately $1,385,000. JPMorgan Ultra-Short Income ETF comprises 1.0% of Tenet Wealth Partners LLC’s investment portfolio, making the stock its 20th biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Richards Merrill & Peterson Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 1.8% in the 3rd quarter. Richards Merrill & Peterson Inc. now owns 20,170 shares of the company’s stock valued at $1,016,000 after purchasing an additional 354 shares during the period. LexAurum Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 31.6% in the 3rd quarter. LexAurum Advisors LLC now owns 816,195 shares of the company’s stock valued at $41,112,000 after buying an additional 196,202 shares in the last quarter. SteelPeak Wealth LLC increased its position in JPMorgan Ultra-Short Income ETF by 11.9% during the 3rd quarter. SteelPeak Wealth LLC now owns 22,434 shares of the company’s stock worth $1,130,000 after buying an additional 2,383 shares during the period. CRA Financial Services LLC increased its position in JPMorgan Ultra-Short Income ETF by 6.9% during the 3rd quarter. CRA Financial Services LLC now owns 171,549 shares of the company’s stock worth $8,641,000 after buying an additional 11,045 shares during the period. Finally, Copper Harbor Investment Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 137.5% during the 3rd quarter. Copper Harbor Investment Advisors LLC now owns 63,124 shares of the company’s stock worth $3,180,000 after buying an additional 36,551 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST remained flat at $50.34 during midday trading on Monday. The stock had a trading volume of 8,291,989 shares, compared to its average volume of 6,854,753. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79. The stock has a market capitalization of $42.52 billion, a P/E ratio of 109.43 and a beta of 0.01. The firm has a fifty day moving average of $50.39 and a 200 day moving average of $50.46.

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.