JPMorgan Ultra-Short Income ETF $JPST Stock Acquired by Worth Asset Management LLC

Worth Asset Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 81.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,616 shares of the company’s stock after acquiring an additional 84,093 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 2.8% of Worth Asset Management LLC’s holdings, making the stock its 6th biggest position. Worth Asset Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,450,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JPST. Nicholson Meyer Capital Management Inc. grew its position in JPMorgan Ultra-Short Income ETF by 0.9% in the 1st quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock worth $1,128,000 after purchasing an additional 202 shares during the last quarter. Whipplewood Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 1.2% during the first quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock valued at $936,000 after purchasing an additional 227 shares during the period. Vista Cima Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 0.7% in the second quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock valued at $1,766,000 after purchasing an additional 239 shares in the last quarter. Secured Retirement Advisors LLC lifted its position in JPMorgan Ultra-Short Income ETF by 5.1% in the first quarter. Secured Retirement Advisors LLC now owns 5,003 shares of the company’s stock worth $253,000 after purchasing an additional 243 shares during the period. Finally, Signal Advisors Wealth LLC lifted its position in JPMorgan Ultra-Short Income ETF by 1.0% in the first quarter. Signal Advisors Wealth LLC now owns 26,452 shares of the company’s stock worth $1,339,000 after purchasing an additional 252 shares during the period. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPMorgan Ultra-Short Income ETF stock traded up $0.03 on Wednesday, hitting $50.27. The company’s stock had a trading volume of 3,578,297 shares, compared to its average volume of 6,791,927. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79. The firm has a market cap of $42.06 billion, a P/E ratio of 109.29 and a beta of 0.01. The company has a fifty day moving average price of $50.42 and a 200-day moving average price of $50.48.

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.