Noesis Capital Mangement Corp Acquires 45,845 Shares of JPMorgan Ultra-Short Income ETF $JPST

Noesis Capital Mangement Corp increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.1% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 313,764 shares of the company’s stock after acquiring an additional 45,845 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 2.3% of Noesis Capital Mangement Corp’s portfolio, making the stock its 21st largest position. Noesis Capital Mangement Corp’s holdings in JPMorgan Ultra-Short Income ETF were worth $15,880,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Millennium Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 23.0% in the first quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock worth $12,575,000 after acquiring an additional 46,400 shares during the period. Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth $3,603,000. EverSource Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 99.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock valued at $50,000 after acquiring an additional 496 shares during the period. First Trust Advisors LP bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $203,000. Finally, Brown Advisory Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 7.6% in the 2nd quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock worth $310,000 after purchasing an additional 431 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.48 on Thursday. JPMorgan Ultra-Short Income ETF has a one year low of $50.39 and a one year high of $50.79. The business has a fifty day moving average price of $50.49 and a 200-day moving average price of $50.57. The firm has a market capitalization of $39.90 billion, a price-to-earnings ratio of 109.74 and a beta of 0.01.

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.