International Private Wealth Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 11,506 shares of the company’s stock, valued at approximately $580,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. HB Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 5.4% in the second quarter. HB Wealth Management LLC now owns 10,065,428 shares of the company’s stock worth $506,509,000 after buying an additional 514,497 shares in the last quarter. Royal Bank of Canada raised its holdings in JPMorgan Ultra-Short Income ETF by 11.1% in the first quarter. Royal Bank of Canada now owns 5,372,821 shares of the company’s stock worth $271,917,000 after purchasing an additional 534,875 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 7.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,647,775 shares of the company’s stock worth $184,468,000 after acquiring an additional 245,314 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 10.2% during the first quarter. Cetera Investment Advisers now owns 3,377,302 shares of the company’s stock valued at $170,925,000 after purchasing an additional 312,033 shares during the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp boosted its holdings in JPMorgan Ultra-Short Income ETF by 215.9% in the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after acquiring an additional 1,921,600 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Stock Performance
NYSEARCA:JPST opened at $50.28 on Thursday. The firm has a 50-day simple moving average of $50.33 and a two-hundred day simple moving average of $50.49. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.79. The firm has a market cap of $42.50 billion, a P/E ratio of 109.30 and a beta of 0.02.
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.
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