USAdvisors Wealth Management LLC Acquires 1,254 Shares of JPMorgan Ultra-Short Income ETF $JPST

USAdvisors Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,780 shares of the company’s stock after purchasing an additional 1,254 shares during the period. USAdvisors Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,421,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of JPST. Thurston Springer Miller Herd & Titak Inc. raised its position in JPMorgan Ultra-Short Income ETF by 36.1% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,916 shares of the company’s stock valued at $148,000 after purchasing an additional 774 shares during the last quarter. Signal Advisors Wealth LLC raised its position in JPMorgan Ultra-Short Income ETF by 86.3% during the 1st quarter. Signal Advisors Wealth LLC now owns 8,469 shares of the company’s stock valued at $429,000 after purchasing an additional 3,922 shares during the last quarter. Sovereign Financial Group Inc. raised its position in JPMorgan Ultra-Short Income ETF by 30.7% during the 1st quarter. Sovereign Financial Group Inc. now owns 37,441 shares of the company’s stock valued at $1,896,000 after purchasing an additional 8,796 shares during the last quarter. Verum Partners LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 4.6% in the 1st quarter. Verum Partners LLC now owns 320,108 shares of the company’s stock worth $16,207,000 after acquiring an additional 14,169 shares in the last quarter. Finally, Strategent Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 5.6% in the 1st quarter. Strategent Financial LLC now owns 344,465 shares of the company’s stock valued at $17,440,000 after purchasing an additional 18,334 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

JPST opened at $50.61 on Friday. The stock has a market cap of $34.00 billion, a PE ratio of 110.02 and a beta of 0.03. The business has a 50 day moving average of $50.65 and a 200-day moving average of $50.57. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.76.

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.