JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Legacy Private Trust Co.

Legacy Private Trust Co. boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 174.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 220,894 shares of the company’s stock after purchasing an additional 140,458 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 0.6% of Legacy Private Trust Co.’s portfolio, making the stock its 27th largest holding. Legacy Private Trust Co.’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,126,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in JPMorgan Ultra-Short Income ETF by 10.1% in the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after purchasing an additional 9,729,791 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 215.9% during the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock valued at $142,290,000 after purchasing an additional 1,921,600 shares in the last quarter. LPL Financial LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after purchasing an additional 1,459,312 shares in the last quarter. John A. Wolfe & Associates Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $63,540,000. Finally, Focus Partners Wealth grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 149.9% during the fourth quarter. Focus Partners Wealth now owns 1,440,192 shares of the company’s stock worth $72,957,000 after purchasing an additional 863,988 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock traded up $0.03 on Tuesday, hitting $50.27. The stock had a trading volume of 4,234,227 shares, compared to its average volume of 6,793,148. The stock has a 50 day moving average of $50.42 and a 200 day moving average of $50.48. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.79. The firm has a market capitalization of $42.05 billion, a P/E ratio of 109.27 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.