JPMorgan Ultra-Short Income ETF $JPST Stake Raised by Orion Capital Management LLC

Orion Capital Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2,113.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 138,036 shares of the company’s stock after buying an additional 131,799 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 2.2% of Orion Capital Management LLC’s investment portfolio, making the stock its 9th largest holding. Orion Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,980,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake 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 valued at $5,386,450,000 after acquiring an additional 9,729,791 shares during the period. Axxcess Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 568.5% in the fourth quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock worth $393,694,000 after acquiring an additional 6,617,940 shares during the period. Bank of America Corp DE increased its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after acquiring an additional 2,162,615 shares during the period. Adventist Health System Sunbelt Healthcare Corp increased its stake in shares of 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. Finally, LPL Financial LLC raised its holdings 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 owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.37 on Thursday. The stock has a market cap of $40.28 billion, a PE ratio of 109.50 and a beta of 0.01. The firm has a fifty day moving average price of $50.48 and a 200 day moving average price of $50.52. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.35 and a 1 year high of $50.79.

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.