Prospera Financial Services Inc Acquires 51,976 Shares of JPMorgan Ultra-Short Income ETF $JPST

Prospera Financial Services Inc lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 97.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 105,162 shares of the company’s stock after buying an additional 51,976 shares during the period. Prospera Financial Services Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,330,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in JPST. Wedbush Securities Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 70.4% during the 2nd quarter. Wedbush Securities Inc. now owns 45,064 shares of the company’s stock valued at $2,284,000 after acquiring an additional 18,616 shares during the period. Nvwm LLC raised its stake in JPMorgan Ultra-Short Income ETF by 70.5% in the second quarter. Nvwm LLC now owns 68,452 shares of the company’s stock valued at $3,469,000 after purchasing an additional 28,310 shares in the last quarter. Walkner Condon Financial Advisors LLC lifted its position in JPMorgan Ultra-Short Income ETF by 12.6% during the second quarter. Walkner Condon Financial Advisors LLC now owns 63,668 shares of the company’s stock worth $3,226,000 after purchasing an additional 7,125 shares during the period. Bryn Mawr Trust Advisors LLC grew its stake in JPMorgan Ultra-Short Income ETF by 4.0% during the second quarter. Bryn Mawr Trust Advisors LLC now owns 492,206 shares of the company’s stock worth $24,945,000 after buying an additional 19,157 shares in the last quarter. Finally, Atlas Legacy Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 3.0% in the 2nd quarter. Atlas Legacy Advisors LLC now owns 106,158 shares of the company’s stock valued at $5,380,000 after buying an additional 3,081 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.62 on Friday. The firm has a 50 day moving average of $50.67 and a 200-day moving average of $50.60. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.78. The stock has a market capitalization of $34.19 billion, a PE ratio of 110.04 and a beta of 0.01.

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.