IMZ Advisory Inc Has $20.88 Million Stake in JPMorgan Ultra-Short Income ETF $JPST

IMZ Advisory Inc grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.9% in the third quarter, HoldingsChannel reports. The firm owned 411,628 shares of the company’s stock after buying an additional 33,657 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 7.8% of IMZ Advisory Inc’s investment portfolio, making the stock its 5th largest holding. IMZ Advisory Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $20,882,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hershey Financial Advisers LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at $3,946,000. Strategent Financial LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the 2nd quarter. Strategent Financial LLC now owns 349,122 shares of the company’s stock worth $17,694,000 after buying an additional 4,657 shares during the last quarter. San Luis Wealth Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 36.1% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 674,498 shares of the company’s stock worth $34,184,000 after buying an additional 179,002 shares during the last quarter. Tiemann Investment Advisors LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 9.3% during the 1st quarter. Tiemann Investment Advisors LLC now owns 135,537 shares of the company’s stock valued at $6,862,000 after buying an additional 11,570 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $7,715,000. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPST opened at $50.69 on Friday. The stock has a 50-day moving average of $50.67 and a 200 day moving average of $50.63. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.78. The firm has a market cap of $34.24 billion, a P/E ratio of 110.20 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.