Private Client Services LLC Invests $1.03 Million in JPMorgan Ultra-Short Income ETF $JPST

Private Client Services LLC acquired a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 20,244 shares of the company’s stock, valued at approximately $1,026,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Floyd Financial Group LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 0.3% in the 1st quarter. Floyd Financial Group LLC now owns 76,218 shares of the company’s stock worth $3,859,000 after buying an additional 239 shares in the last quarter. Lighthouse Wealth Management Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 2.4% in the 1st quarter. Lighthouse Wealth Management Inc. now owns 11,833 shares of the company’s stock worth $599,000 after buying an additional 273 shares in the last quarter. Apella Capital LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 1.5% during the first quarter. Apella Capital LLC now owns 19,521 shares of the company’s stock worth $983,000 after purchasing an additional 285 shares during the period. Investment Planning Advisors Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.0% during the first quarter. Investment Planning Advisors Inc. now owns 8,356 shares of the company’s stock valued at $423,000 after purchasing an additional 321 shares during the last quarter. Finally, Delos Wealth Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 0.7% in the 1st quarter. Delos Wealth Advisors LLC now owns 47,799 shares of the company’s stock valued at $2,420,000 after purchasing an additional 333 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

NYSEARCA:JPST opened at $50.68 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.75. The firm has a market capitalization of $32.36 billion, a price-to-earnings ratio of 110.17 and a beta of 0.03. The stock has a fifty day simple moving average of $50.61 and a 200 day simple moving average of $50.55.

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.