Northwestern Mutual Wealth Management Co. raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 7.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,647,775 shares of the company’s stock after purchasing an additional 245,314 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.46% of JPMorgan Ultra-Short Income ETF worth $184,468,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its position in JPMorgan Ultra-Short Income ETF by 10.1% in the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock valued at $5,386,450,000 after acquiring an additional 9,729,791 shares during the last quarter. Axxcess Wealth Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 568.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock worth $393,694,000 after purchasing an additional 6,617,940 shares during the last quarter. Bank of America Corp DE lifted its position in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after purchasing an additional 2,162,615 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 215.9% during the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock valued at $142,290,000 after purchasing an additional 1,921,600 shares during the period. Finally, LPL Financial LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after purchasing an additional 1,459,312 shares during the period. 2.17% of the stock is currently owned by institutional investors.
JPMorgan Ultra-Short Income ETF Stock Performance
NYSEARCA JPST opened at $50.54 on Tuesday. The stock has a market cap of $40.41 billion, a PE ratio of 109.87 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.39 and a 12 month high of $50.79. The company’s 50-day moving average price is $50.49 and its 200-day moving average price is $50.53.
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.
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