Flavin Financial Services Inc. Acquires 31,635 Shares of JPMorgan Ultra-Short Income ETF $JPST

Flavin Financial Services Inc. increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.1% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 216,508 shares of the company’s stock after purchasing an additional 31,635 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 5.7% of Flavin Financial Services Inc.’s holdings, making the stock its biggest holding. Flavin Financial Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,905,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in JPST. HB Wealth Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 5.4% in the 2nd quarter. HB Wealth Management LLC now owns 10,065,428 shares of the company’s stock worth $506,509,000 after purchasing an additional 514,497 shares during the period. Royal Bank of Canada lifted its stake in JPMorgan Ultra-Short Income ETF by 11.1% in the first quarter. Royal Bank of Canada now owns 5,372,821 shares of the company’s stock worth $271,917,000 after purchasing an additional 534,875 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in JPMorgan Ultra-Short Income ETF by 7.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,647,775 shares of the company’s stock worth $184,468,000 after purchasing an additional 245,314 shares during the last quarter. Cetera Investment Advisers boosted its position in JPMorgan Ultra-Short Income ETF by 10.2% during the first quarter. Cetera Investment Advisers now owns 3,377,302 shares of the company’s stock valued at $170,925,000 after buying an additional 312,033 shares during the period. Finally, Adventist Health System Sunbelt Healthcare Corp boosted its position in 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 buying an additional 1,921,600 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.35 on Thursday. The company has a 50-day simple moving average of $50.39 and a two-hundred day simple moving average of $50.46. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.79. The firm has a market cap of $42.53 billion, a price-to-earnings ratio of 109.46 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.