Evolve Private Wealth LLC Boosts Position in JPMorgan Ultra-Short Income ETF $JPST

Evolve Private Wealth LLC boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 210.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,514 shares of the company’s stock after purchasing an additional 11,876 shares during the quarter. Evolve Private Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $886,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JPST. Cardiff Park Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $25,000. Jackson Hole Capital Partners LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $28,000. Sittner & Nelson LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $30,000. MGB Wealth Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $30,000. Finally, Motiv8 Investments LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $32,000. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.52 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.41 and a 1-year high of $50.79. The stock has a market cap of $37.55 billion, a PE ratio of 109.83 and a beta of 0.01. The firm has a fifty day moving average price of $50.52 and a 200 day moving average price of $50.59.

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.