JPMorgan Ultra-Short Income ETF $JPST is Spectrum Planning & Advisory Services Inc.’s 3rd Largest Position

Spectrum Planning & Advisory Services Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 252,878 shares of the company’s stock after buying an additional 24,037 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 6.6% of Spectrum Planning & Advisory Services Inc.’s holdings, making the stock its 3rd biggest position. Spectrum Planning & Advisory Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,793,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the stock. Palatine Hill Wealth Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $377,000. Natixis Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $826,000. Martin Investment Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $4,967,000. Crestmont Private Wealth LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 2.4% during the fourth quarter. Crestmont Private Wealth LLC now owns 240,670 shares of the company’s stock worth $12,175,000 after buying an additional 5,705 shares during the last quarter. Finally, One Capital Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 8.1% during the fourth quarter. One Capital Management LLC now owns 124,162 shares of the company’s stock worth $6,281,000 after buying an additional 9,338 shares during the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.44 on Wednesday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.42 and a 52-week high of $50.79. The company has a 50-day simple moving average of $50.53 and a 200 day simple moving average of $50.61. The company has a market capitalization of $37.49 billion, a PE ratio of 109.65 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.