JPMorgan Ultra-Short Income ETF $JPST Stock: Strategic Wealth Advisors LLC Raises Position

Strategic Wealth Advisors LLC grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 34.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 121,036 shares of the company’s stock after acquiring an additional 31,144 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 4.6% of Strategic Wealth Advisors LLC’s portfolio, making the stock its 8th biggest holding. Strategic Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,097,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. HB Wealth Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 5.4% in the 2nd quarter. HB Wealth Management LLC now owns 10,065,428 shares of the company’s stock valued at $506,509,000 after purchasing an additional 514,497 shares during the last quarter. Royal Bank of Canada lifted its holdings in JPMorgan Ultra-Short Income ETF by 11.1% in the 1st quarter. Royal Bank of Canada now owns 5,372,821 shares of the company’s stock valued at $271,917,000 after purchasing an additional 534,875 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in JPMorgan Ultra-Short Income ETF by 7.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,647,775 shares of the company’s stock valued at $184,468,000 after purchasing an additional 245,314 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 10.2% during the 1st quarter. Cetera Investment Advisers now owns 3,377,302 shares of the company’s stock worth $170,925,000 after purchasing an additional 312,033 shares during the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 215.9% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after purchasing an additional 1,921,600 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.25 on Friday. The stock has a market capitalization of $42.22 billion, a P/E ratio of 109.24 and a beta of 0.02. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.79. The firm’s 50-day moving average is $50.33 and its two-hundred day moving average is $50.49.

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.