JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 175.5% in the second quarter, HoldingsChannel reports. The fund owned 24,001 shares of the company’s stock after buying an additional 15,290 shares during the period. Woodmont Investment Counsel LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,216,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in the business. Centurion Wealth Management LLC boosted 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 worth $515,000 after acquiring an additional 200 shares during the period. CWC Advisors LLC. boosted 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 worth $277,000 after acquiring an additional 263 shares during the period. Lighthouse Wealth Management Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 2.4% during the 1st quarter. Lighthouse Wealth Management Inc. now owns 11,833 shares of the company’s stock worth $599,000 after acquiring an additional 273 shares during the period. GEM Asset Management LLC boosted its position in 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 worth $406,000 after acquiring an additional 311 shares during the period. Finally, Investment Planning Advisors Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 4.0% during the 1st quarter. Investment Planning Advisors Inc. now owns 8,356 shares of the company’s stock worth $423,000 after acquiring an additional 321 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.61 on Monday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.76. The stock has a fifty day moving average of $50.65 and a two-hundred day moving average of $50.57. The firm has a market capitalization of $34.00 billion, a PE ratio of 110.02 and a beta of 0.03.

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.