Mountain Capital Investment Advisors Inc. Has $4.06 Million Holdings in JPMorgan Ultra-Short Income ETF $JPST

Mountain Capital Investment Advisors Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 80,521 shares of the company’s stock after purchasing an additional 9,680 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 0.8% of Mountain Capital Investment Advisors Inc.’s holdings, making the stock its 12th biggest holding. Mountain Capital Investment Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,064,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the first quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock worth $5,068,793,000 after purchasing an additional 2,598,084 shares during the period. Temasek Holdings Private Ltd acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth $842,655,000. LPL Financial LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 19.4% during the first quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock worth $767,511,000 after purchasing an additional 2,464,430 shares during the period. HB Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.0% during the second quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock worth $450,480,000 after purchasing an additional 342,791 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in JPMorgan Ultra-Short Income ETF by 22.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after buying an additional 1,265,522 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPST stock opened at $50.72 on Monday. The firm has a market cap of $34.20 billion, a price-to-earnings ratio of 110.26 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.76. The company’s fifty day simple moving average is $50.67 and its 200 day simple moving average is $50.58.

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.