JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Entruity Wealth LLC

Entruity Wealth LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 23.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,589 shares of the company’s stock after acquiring an additional 7,358 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 1.7% of Entruity Wealth LLC’s holdings, making the stock its 19th biggest holding. Entruity Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,956,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in JPST. AlphaCore Capital LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.8% in the 2nd quarter. AlphaCore Capital LLC now owns 196,816 shares of the company’s stock valued at $9,975,000 after purchasing an additional 8,978 shares in the last quarter. Blueprint Investment Partners LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 204.0% in the second quarter. Blueprint Investment Partners LLC now owns 55,026 shares of the company’s stock valued at $2,789,000 after buying an additional 36,923 shares during the last quarter. Franklin Resources Inc. raised its stake in JPMorgan Ultra-Short Income ETF by 0.7% in the second quarter. Franklin Resources Inc. now owns 644,297 shares of the company’s stock valued at $32,653,000 after buying an additional 4,557 shares in the last quarter. MAI Capital Management lifted its holdings in JPMorgan Ultra-Short Income ETF by 509.1% during the 2nd quarter. MAI Capital Management now owns 493,111 shares of the company’s stock worth $24,991,000 after buying an additional 412,148 shares during the last quarter. Finally, Northstar Financial Companies Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 25.3% during the 2nd quarter. Northstar Financial Companies Inc. now owns 10,850 shares of the company’s stock worth $550,000 after acquiring an additional 2,193 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.72 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.78. The firm has a market capitalization of $34.26 billion, a PE ratio of 110.26 and a beta of 0.01. The stock’s 50-day simple moving average is $50.68 and its 200-day simple moving average is $50.61.

About JPMorgan Ultra-Short Income ETF

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.