Principle Wealth Partners LLC Has $5.24 Million Position in JPMorgan Ultra-Short Income ETF $JPST

Principle Wealth Partners LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,347 shares of the company’s stock after buying an additional 17,854 shares during the period. Principle Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,238,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Centurion Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 2.0% during the second quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock worth $515,000 after buying an additional 200 shares in the last quarter. CWC Advisors LLC. boosted its stake in JPMorgan Ultra-Short Income ETF by 5.1% during the second quarter. CWC Advisors LLC. now owns 5,468 shares of the company’s stock worth $277,000 after buying an additional 263 shares in the last quarter. Muirfield Wealth Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 7.1% during the second quarter. Muirfield Wealth Advisors LLC now owns 4,326 shares of the company’s stock worth $219,000 after buying an additional 286 shares in the last quarter. GEM Asset Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 4.0% during the second quarter. GEM Asset Management LLC now owns 8,049 shares of the company’s stock worth $406,000 after buying an additional 311 shares in the last quarter. Finally, Delos Wealth Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 0.7% during the first quarter. Delos Wealth Advisors LLC now owns 47,799 shares of the company’s stock worth $2,420,000 after buying an additional 333 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.74 on Thursday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.76. The firm’s fifty day moving average price is $50.67 and its two-hundred day moving average price is $50.58. The company has a market capitalization of $34.21 billion, a P/E ratio of 110.30 and a beta of 0.03.

JPMorgan Ultra-Short Income ETF 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.