Robertson Stephens Wealth Management LLC Has $709,000 Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Robertson Stephens Wealth Management LLC grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 13,984 shares of the company’s stock after buying an additional 441 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $709,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Chelsea Counsel Co. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at $25,000. Pandora Wealth Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth $34,000. Cooksen Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth $36,000. TD Private Client Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $48,000. Finally, Sound Income Strategies LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 54.9% during the second quarter. Sound Income Strategies LLC now owns 1,162 shares of the company’s stock worth $59,000 after purchasing an additional 412 shares during the period. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.64 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.76. The business has a fifty day simple moving average of $50.65 and a 200 day simple moving average of $50.57. The stock has a market cap of $34.15 billion, a PE ratio of 110.09 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.