JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by IMZ Advisory Inc

IMZ Advisory Inc boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 43.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 571,842 shares of the company’s stock after buying an additional 173,316 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 9.2% of IMZ Advisory Inc’s portfolio, making the stock its 3rd largest position. IMZ Advisory Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $28,918,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position in shares of 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 worth $5,386,450,000 after buying an additional 9,729,791 shares during the period. Axxcess Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 568.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock worth $393,694,000 after buying an additional 6,617,940 shares during the last quarter. Bank of America Corp DE lifted its holdings in 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 valued at $826,438,000 after buying an additional 2,162,615 shares during the period. Adventist Health System Sunbelt Healthcare Corp lifted its holdings in 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 valued at $142,290,000 after buying an additional 1,921,600 shares during the period. Finally, LPL Financial LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after acquiring an additional 1,459,312 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.41 on Thursday. The company has a fifty day moving average price of $50.48 and a two-hundred day moving average price of $50.55. The firm has a market capitalization of $40.31 billion, a PE ratio of 109.59 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.39 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.