Revisor Wealth Management LLC Raises Holdings in JPMorgan Ultra-Short Income ETF $JPST

Revisor Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 129.1% during the third quarter, Holdings Channel.com reports. The firm owned 29,227 shares of the company’s stock after buying an additional 16,470 shares during the period. Revisor Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,479,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JPST. Red Mountain Financial LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.3% in the third quarter. Red Mountain Financial LLC now owns 39,211 shares of the company’s stock worth $1,989,000 after purchasing an additional 1,966 shares during the last quarter. Able Wealth Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $378,000. Highline Wealth Partners LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 3.9% in the third quarter. Highline Wealth Partners LLC now owns 461,847 shares of the company’s stock valued at $23,429,000 after acquiring an additional 17,417 shares during the period. Ironwood Wealth Management Inc. increased its position in shares of JPMorgan Ultra-Short Income ETF by 7.5% in the third quarter. Ironwood Wealth Management Inc. now owns 468,711 shares of the company’s stock valued at $23,736,000 after acquiring an additional 32,859 shares during the period. Finally, Prism Advisors Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 4.9% during the third quarter. Prism Advisors Inc. now owns 278,489 shares of the company’s stock valued at $14,128,000 after acquiring an additional 13,005 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.70 on Wednesday. The stock has a market capitalization of $34.24 billion, a PE ratio of 110.22 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.78. The business’s 50-day moving average is $50.67 and its 200 day moving average is $50.64.

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.