JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stock Holdings Lifted by MBA Advisors LLC

MBA Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,528 shares of the company’s stock after acquiring an additional 6,316 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 1.5% of MBA Advisors LLC’s portfolio, making the stock its 18th largest holding. MBA Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,115,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the stock. NewSquare Capital LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 158.2% during the first quarter. NewSquare Capital LLC now owns 24,220 shares of the company’s stock valued at $1,226,000 after purchasing an additional 14,838 shares during the last quarter. HUB Investment Partners LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 41.5% during the 4th quarter. HUB Investment Partners LLC now owns 40,210 shares of the company’s stock worth $2,025,000 after buying an additional 11,794 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 10.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,588,353 shares of the company’s stock valued at $282,938,000 after buying an additional 506,315 shares in the last quarter. Focus Partners Wealth boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 288.2% in the fourth quarter. Focus Partners Wealth now owns 539,112 shares of the company’s stock worth $27,391,000 after buying an additional 400,239 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 6.4% in the fourth quarter. Franklin Resources Inc. now owns 485,808 shares of the company’s stock worth $24,470,000 after buying an additional 29,299 shares during the period. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.50 on Friday. The firm has a market capitalization of $31.76 billion, a P/E ratio of 109.78 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.75. The company’s 50 day simple moving average is $50.53 and its 200-day simple moving average is $50.51.

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.