JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Royal Bank of Canada

Royal Bank of Canada boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,372,821 shares of the company’s stock after purchasing an additional 534,875 shares during the period. Royal Bank of Canada’s holdings in JPMorgan Ultra-Short Income ETF were worth $271,917,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mittelman Wealth Management raised its position in shares of JPMorgan Ultra-Short Income ETF by 11.3% during the 1st quarter. Mittelman Wealth Management now owns 10,525 shares of the company’s stock valued at $533,000 after buying an additional 1,066 shares during the period. Quantinno Capital Management LP purchased a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth approximately $1,522,000. Gateway Wealth Partners LLC increased its stake in JPMorgan Ultra-Short Income ETF by 186.7% during the first quarter. Gateway Wealth Partners LLC now owns 239,812 shares of the company’s stock worth $12,137,000 after acquiring an additional 156,156 shares during the last quarter. Vawter Financial Ltd. increased its stake in JPMorgan Ultra-Short Income ETF by 11.3% during the first quarter. Vawter Financial Ltd. now owns 91,108 shares of the company’s stock worth $4,611,000 after acquiring an additional 9,255 shares during the last quarter. Finally, Waverly Advisors LLC raised its position in JPMorgan Ultra-Short Income ETF by 54.5% in the first quarter. Waverly Advisors LLC now owns 1,757,191 shares of the company’s stock valued at $88,931,000 after purchasing an additional 619,736 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.54 on Thursday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.39 and a 52 week high of $50.79. The business’s fifty day simple moving average is $50.49 and its 200-day simple moving average is $50.56. The firm has a market cap of $40.35 billion, a PE ratio of 109.87 and a beta of 0.01.

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.