Moloney Securities Asset Management LLC Boosts Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Moloney Securities Asset Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 33.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,404 shares of the company’s stock after buying an additional 6,635 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,338,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Chelsea Counsel Co. purchased a new stake in JPMorgan Ultra-Short Income ETF in the first quarter valued at about $25,000. Pandora Wealth Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF in the 1st quarter worth approximately $34,000. Cooksen Wealth LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter worth approximately $36,000. Frazier Financial Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $41,000. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 75.4% in the second quarter. Cullen Frost Bankers Inc. now owns 949 shares of the company’s stock worth $48,000 after buying an additional 408 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.74 on Friday. The business’s 50-day simple moving average is $50.68 and its two-hundred day simple moving average is $50.58. The company has a market cap of $34.27 billion, a PE ratio of 110.30 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.76.

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.