G&S Capital LLC Takes $1.65 Million Position in JPMorgan Ultra-Short Income ETF $JPST

G&S Capital LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 32,699 shares of the company’s stock, valued at approximately $1,654,000.

A number of other large investors also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its position in JPMorgan Ultra-Short Income ETF by 10.1% during 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 in the last quarter. Axxcess Wealth Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 568.5% in the 4th quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock worth $393,694,000 after acquiring an additional 6,617,940 shares in the last quarter. Bank of America Corp DE raised its position in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after acquiring an additional 2,162,615 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 215.9% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after purchasing an additional 1,921,600 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after purchasing an additional 1,459,312 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.45 on Wednesday. The stock’s 50-day moving average is $50.47 and its 200 day moving average is $50.55. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.39 and a 1-year high of $50.79. The company has a market cap of $40.34 billion, a P/E ratio of 109.67 and a beta of 0.01.

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.