JPMorgan Ultra-Short Income ETF $JPST Stock Bought by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 51.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 253,099 shares of the company’s stock after buying an additional 85,436 shares during the period. Avidian Wealth Enterprises LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,749,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JPST. Strengthening Families & Communities LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $28,000. Motiv8 Investments LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $32,000. Beacon Financial Strategies CORP purchased a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $34,000. Allied Private Wealth LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at about $38,000. Finally, Rice Partnership LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 327.5% during the first quarter. Rice Partnership LLC now owns 855 shares of the company’s stock valued at $43,000 after buying an additional 655 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of JPMorgan Ultra-Short Income ETF stock traded up $0.01 on Thursday, reaching $50.28. The stock had a trading volume of 3,270,271 shares, compared to its average volume of 6,785,774. The business’s 50 day moving average is $50.41 and its two-hundred day moving average is $50.47. The company has a market cap of $42.39 billion, a P/E ratio of 109.29 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.79.

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.