Ascent Group LLC Buys 665 Shares of JPMorgan Ultra-Short Income ETF $JPST

Ascent Group LLC lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,781 shares of the company’s stock after purchasing an additional 665 shares during the quarter. Ascent Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $242,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 2.7% in the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock worth $5,068,793,000 after purchasing an additional 2,598,084 shares in the last quarter. Temasek Holdings Private Ltd bought a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at approximately $842,655,000. LPL Financial LLC lifted its position in JPMorgan Ultra-Short Income ETF by 19.4% in the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock valued at $767,511,000 after acquiring an additional 2,464,430 shares in the last quarter. HB Wealth Management LLC lifted its position in JPMorgan Ultra-Short Income ETF by 4.0% in the 2nd quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock valued at $450,480,000 after acquiring an additional 342,791 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in JPMorgan Ultra-Short Income ETF by 22.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after acquiring an additional 1,265,522 shares in the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPST stock opened at $50.63 on Thursday. The stock has a market capitalization of $34.14 billion, a PE ratio of 110.07 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.76. The stock’s 50 day simple moving average is $50.65 and its 200 day simple moving average is $50.57.

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.