998,097 JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Fluent Financial LLC

Fluent Financial LLC raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 454.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,217,803 shares of the company’s stock after purchasing an additional 998,097 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 22.1% of Fluent Financial LLC’s holdings, making the stock its biggest holding. Fluent Financial LLC owned about 0.14% of JPMorgan Ultra-Short Income ETF worth $61,341,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Adventist Health System Sunbelt Healthcare Corp raised its holdings in JPMorgan Ultra-Short Income ETF by 215.9% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock valued at $142,290,000 after buying an additional 1,921,600 shares during the last quarter. John A. Wolfe & Associates Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $63,540,000. Focus Partners Wealth grew its holdings in JPMorgan Ultra-Short Income ETF by 149.9% during the 4th quarter. Focus Partners Wealth now owns 1,440,192 shares of the company’s stock worth $72,957,000 after acquiring an additional 863,988 shares during the last quarter. Kensington Asset Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 71.7% during the 1st quarter. Kensington Asset Management LLC now owns 1,994,639 shares of the company’s stock worth $100,949,000 after acquiring an additional 832,640 shares during the last quarter. Finally, Axxcess Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 65.4% during the fourth quarter. Axxcess Wealth Management LLC now owns 1,925,152 shares of the company’s stock valued at $97,393,000 after acquiring an additional 761,030 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST traded up $0.02 during mid-day trading on Tuesday, reaching $50.31. 7,443,774 shares of the company’s stock were exchanged, compared to its average volume of 6,805,279. The firm has a market capitalization of $42.41 billion, a price-to-earnings ratio of 109.37 and a beta of 0.01. The business’s fifty day moving average price is $50.40 and its 200-day moving average price is $50.47. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.79.

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.