International Assets Investment Management LLC Buys 31,544 Shares of JPMorgan Ultra-Short Income ETF $JPST

International Assets Investment Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 53.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 90,299 shares of the company’s stock after acquiring an additional 31,544 shares during the period. International Assets Investment Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,568,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AE Wealth Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 3.9% in the 3rd quarter. AE Wealth Management LLC now owns 336,526 shares of the company’s stock valued at $17,072,000 after buying an additional 12,743 shares during the last quarter. Beacon Financial Advisory LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 13.0% during the 3rd quarter. Beacon Financial Advisory LLC now owns 112,249 shares of the company’s stock worth $5,694,000 after buying an additional 12,895 shares during the period. Mezzasalma Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 70.9% during the 4th quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock worth $4,082,000 after buying an additional 33,446 shares during the period. Allen Capital Group LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 16.1% during the 3rd quarter. Allen Capital Group LLC now owns 251,673 shares of the company’s stock worth $12,767,000 after buying an additional 34,921 shares during the period. Finally, Great Point Wealth Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $34,876,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.49 on Friday. The stock has a fifty day moving average price of $50.55 and a two-hundred day moving average price of $50.63. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.42 and a 52-week high of $50.79. The company has a market cap of $37.53 billion, a price-to-earnings ratio of 109.76 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.