JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.4% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 420,309 shares of the company’s stock after purchasing an additional 25,421 shares during the period. Farther Finance Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $21,171,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Titleist Asset Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 277.6% in the third quarter. Titleist Asset Management LLC now owns 43,473 shares of the company’s stock worth $2,190,000 after buying an additional 31,959 shares in the last quarter. Avidian Wealth Enterprises LLC boosted its position in JPMorgan Ultra-Short Income ETF by 51.0% during the third quarter. Avidian Wealth Enterprises LLC now owns 253,099 shares of the company’s stock worth $12,749,000 after acquiring an additional 85,436 shares during the last quarter. Valeo Financial Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the third quarter worth about $300,000. Leverty Financial Group LLC grew its stake in JPMorgan Ultra-Short Income ETF by 0.8% during the 3rd quarter. Leverty Financial Group LLC now owns 508,568 shares of the company’s stock valued at $25,617,000 after acquiring an additional 4,146 shares in the last quarter. Finally, Wealth Enhancement Trust Services Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 22.0% during the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 107,960 shares of the company’s stock valued at $5,438,000 after acquiring an additional 19,458 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock remained flat at $50.27 during mid-day trading on Thursday. 7,889,485 shares of the company’s stock were exchanged, compared to its average volume of 6,812,485. The company’s fifty day moving average price is $50.41 and its 200 day moving average price is $50.47. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79. The stock has a market cap of $42.38 billion, a PE ratio of 109.28 and a beta of 0.01.

About JPMorgan Ultra-Short Income ETF

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.