JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by RPg Family Wealth Advisory LLC

RPg Family Wealth Advisory LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.1% in the first quarter, Holdings Channel reports. The institutional investor owned 323,790 shares of the company’s stock after acquiring an additional 12,719 shares during the period. JPMorgan Ultra-Short Income ETF makes up 4.7% of RPg Family Wealth Advisory LLC’s investment portfolio, making the stock its largest holding. RPg Family Wealth Advisory LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $16,394,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Logan Capital Management Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $27,000. Pandora Wealth Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at about $34,000. Cooksen Wealth LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at about $36,000. Cohalo Advisory LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $55,000. Finally, Coppell Advisory Solutions LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 32.7% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,161 shares of the company’s stock valued at $59,000 after buying an additional 286 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.70 on Friday. The company has a 50-day moving average price of $50.59 and a 200-day moving average price of $50.54. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.75. The stock has a market capitalization of $32.37 billion, a P/E ratio of 110.22 and a beta of 0.03.

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.