Sigma Planning Corp Raises Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Sigma Planning Corp raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,100 shares of the company’s stock after purchasing an additional 9,998 shares during the quarter. Sigma Planning Corp’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,161,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Centurion Wealth Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 2.0% during the 2nd quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock valued at $515,000 after purchasing an additional 200 shares during the period. Kathleen S. Wright Associates Inc. increased its position in JPMorgan Ultra-Short Income ETF by 2.3% during the 2nd quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock valued at $497,000 after purchasing an additional 220 shares during the period. CWC Advisors LLC. increased its position in JPMorgan Ultra-Short Income ETF by 5.1% during the 2nd quarter. CWC Advisors LLC. now owns 5,468 shares of the company’s stock valued at $277,000 after purchasing an additional 263 shares during the period. Muirfield Wealth Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 7.1% during the 2nd quarter. Muirfield Wealth Advisors LLC now owns 4,326 shares of the company’s stock valued at $219,000 after purchasing an additional 286 shares during the period. Finally, GEM Asset Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.0% during the 2nd quarter. GEM Asset Management LLC now owns 8,049 shares of the company’s stock valued at $406,000 after buying an additional 311 shares in the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Down 0.4%

Shares of JPST stock opened at $50.57 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.78. The stock has a market cap of $34.15 billion, a PE ratio of 109.93 and a beta of 0.01. The company’s fifty day moving average price is $50.68 and its 200-day moving average price is $50.60.

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.