San Luis Wealth Advisors LLC Grows Stock Position in JPMorgan Ultra-Short Income ETF $JPST

San Luis Wealth Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 36.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 674,498 shares of the company’s stock after buying an additional 179,002 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 7.3% of San Luis Wealth Advisors LLC’s portfolio, making the stock its 2nd largest holding. San Luis Wealth Advisors LLC owned about 0.11% of JPMorgan Ultra-Short Income ETF worth $34,184,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Stone Summit Wealth LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 56.8% during the second quarter. Stone Summit Wealth LLC now owns 67,801 shares of the company’s stock valued at $3,436,000 after acquiring an additional 24,565 shares in the last quarter. Clear Point Advisors Inc. grew its position in shares of JPMorgan Ultra-Short Income ETF by 3.1% during the 2nd quarter. Clear Point Advisors Inc. now owns 64,613 shares of the company’s stock valued at $3,275,000 after acquiring an additional 1,920 shares during the period. Crane Advisory LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 54.8% during the 2nd quarter. Crane Advisory LLC now owns 1,421,212 shares of the company’s stock valued at $71,828,000 after acquiring an additional 503,286 shares during the period. Tempus Wealth Planning LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $208,000. Finally, LVW Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $677,000. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.74 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.75. The firm has a fifty day moving average price of $50.65 and a 200-day moving average price of $50.56. The company has a market cap of $32.40 billion, a price-to-earnings ratio of 110.30 and a beta of 0.03.

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.