JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,364 shares of the company’s stock after acquiring an additional 3,781 shares during the period. Midland Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,211,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JPST. Aspen Wealth Strategies LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 58.7% in the 2nd quarter. Aspen Wealth Strategies LLC now owns 26,125 shares of the company’s stock worth $1,324,000 after buying an additional 9,658 shares during the last quarter. Vise Technologies Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at about $2,740,000. Cahill Financial Advisors Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 53.5% during the second quarter. Cahill Financial Advisors Inc. now owns 12,962 shares of the company’s stock worth $657,000 after purchasing an additional 4,516 shares in the last quarter. Americana Partners LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 14.2% in the second quarter. Americana Partners LLC now owns 35,913 shares of the company’s stock valued at $1,820,000 after acquiring an additional 4,468 shares in the last quarter. Finally, TFO Wealth Partners LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $2,354,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.62 on Monday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.78. The firm has a market cap of $34.19 billion, a price-to-earnings ratio of 110.04 and a beta of 0.01. The stock’s 50-day moving average is $50.67 and its two-hundred day moving average is $50.60.

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.