Stephens Inc. AR Increases Position in JPMorgan Ultra-Short Income ETF $JPST

Stephens Inc. AR lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 806,296 shares of the company’s stock after acquiring an additional 47,102 shares during the quarter. Stephens Inc. AR’s holdings in JPMorgan Ultra-Short Income ETF were worth $40,791,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Novare Capital Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 17.2% during the fourth quarter. Novare Capital Management LLC now owns 93,523 shares of the company’s stock worth $4,731,000 after acquiring an additional 13,705 shares during the last quarter. Cauble & Harre Wealth Management Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $5,449,000. AlphaCore Capital LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 239.5% during the fourth quarter. AlphaCore Capital LLC now owns 649,655 shares of the company’s stock worth $32,980,000 after acquiring an additional 458,272 shares during the last quarter. Blue Water Asset Management purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $7,183,000. Finally, USAdvisors Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 14.5% during the fourth quarter. USAdvisors Wealth Management LLC now owns 60,364 shares of the company’s stock worth $3,053,000 after acquiring an additional 7,647 shares during the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.50 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.42 and a 1 year high of $50.79. The firm has a market cap of $37.53 billion, a price-to-earnings ratio of 109.78 and a beta of 0.01. The stock’s 50-day simple moving average is $50.53 and its 200-day simple moving average is $50.62.

JPMorgan Ultra-Short Income ETF Company 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.