JPMorgan Ultra-Short Income ETF $JPST Stock: Park Avenue Securities LLC Grows Stake

Park Avenue Securities LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 223.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 86,766 shares of the company’s stock after purchasing an additional 59,954 shares during the period. Park Avenue Securities LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,370,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of JPST. Strengthening Families & Communities LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $28,000. Beacon Financial Strategies CORP purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $34,000. Allied Private Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $38,000. Rice Partnership LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 327.5% during the 1st quarter. Rice Partnership LLC now owns 855 shares of the company’s stock valued at $43,000 after purchasing an additional 655 shares during the last quarter. Finally, Abound Wealth Management grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 1,963.3% during the 2nd quarter. Abound Wealth Management now owns 1,011 shares of the company’s stock valued at $51,000 after purchasing an additional 962 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA:JPST opened at $50.41 on Friday. The stock has a market cap of $43.11 billion, a PE ratio of 109.59 and a beta of 0.01. The company’s fifty day moving average is $50.37 and its 200 day moving average is $50.51. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week 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.