JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Sunpointe LLC

Sunpointe LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,082 shares of the company’s stock after acquiring an additional 1,082 shares during the quarter. Sunpointe LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $916,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of JPST. Millennium Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 486.4% during the 4th quarter. Millennium Management LLC now owns 201,973 shares of the company’s stock valued at $10,173,000 after acquiring an additional 167,529 shares during the last quarter. Vivaldi Capital Management LP acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $243,000. Wellington Wealth Strategies LLC. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 326.3% during the 4th quarter. Wellington Wealth Strategies LLC. now owns 401,578 shares of the company’s stock valued at $19,022,000 after acquiring an additional 307,388 shares during the last quarter. Waverly Advisors LLC lifted its position in JPMorgan Ultra-Short Income ETF by 18.2% in the fourth quarter. Waverly Advisors LLC now owns 388,265 shares of the company’s stock valued at $19,557,000 after buying an additional 59,650 shares during the last quarter. Finally, Delta Investment Management LLC lifted its position in JPMorgan Ultra-Short Income ETF by 3.4% in the fourth quarter. Delta Investment Management LLC now owns 58,301 shares of the company’s stock valued at $2,937,000 after buying an additional 1,916 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

NYSEARCA JPST opened at $50.71 on Wednesday. The firm’s 50-day moving average is $50.62 and its two-hundred day moving average is $50.55. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.75. The stock has a market capitalization of $32.38 billion, a P/E ratio of 110.24 and a beta of 0.03.

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.