JPMorgan Ultra-Short Income ETF $JPST Stock: Rock Creek Group LLC Raises Stake

Rock Creek Group LLC raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.2% during the third quarter, HoldingsChannel.com reports. The firm owned 1,320,259 shares of the company’s stock after purchasing an additional 16,289 shares during the period. JPMorgan Ultra-Short Income ETF makes up 6.4% of Rock Creek Group LLC’s portfolio, making the stock its 6th biggest position. Rock Creek Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $66,642,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in JPST. Rose Capital Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $543,000. Integrated Wealth Concepts LLC grew its position in JPMorgan Ultra-Short Income ETF by 3.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 1,168,286 shares of the company’s stock valued at $59,080,000 after acquiring an additional 37,846 shares during the last quarter. First Citizens Financial Corp grew its position in JPMorgan Ultra-Short Income ETF by 31.8% in the 3rd quarter. First Citizens Financial Corp now owns 139,734 shares of the company’s stock valued at $7,038,000 after acquiring an additional 33,723 shares during the last quarter. Worth Asset Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 81.2% in the 3rd quarter. Worth Asset Management LLC now owns 187,616 shares of the company’s stock valued at $9,450,000 after acquiring an additional 84,093 shares during the last quarter. Finally, Requisite Capital Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 29.4% in the 2nd quarter. Requisite Capital Management LLC now owns 612,480 shares of the company’s stock valued at $30,973,000 after acquiring an additional 139,271 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock traded up $0.03 during midday trading on Friday, reaching $50.28. The company’s stock had a trading volume of 7,144,931 shares, compared to its average volume of 6,946,836. The stock has a fifty day simple moving average of $50.33 and a two-hundred day simple moving average of $50.48. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.79. The firm has a market capitalization of $42.24 billion, a price-to-earnings ratio of 109.30 and a beta of 0.02.

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.