JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by US Bancorp DE

US Bancorp DE increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 104.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,000 shares of the company’s stock after purchasing an additional 18,373 shares during the quarter. US Bancorp DE’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,824,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 10.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,588,353 shares of the company’s stock valued at $282,938,000 after buying an additional 506,315 shares during the period. Inscription Capital LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at about $275,000. Robertson Stephens Wealth Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 50.6% in the 1st quarter. Robertson Stephens Wealth Management LLC now owns 13,543 shares of the company’s stock valued at $686,000 after buying an additional 4,549 shares during the period. DHJJ Financial Advisors Ltd. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 84.9% in the 1st quarter. DHJJ Financial Advisors Ltd. now owns 139,736 shares of the company’s stock valued at $7,075,000 after buying an additional 64,148 shares during the period. Finally, Market Street Wealth Management Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 123.8% in the 1st quarter. Market Street Wealth Management Advisors LLC now owns 24,973 shares of the company’s stock valued at $1,264,000 after buying an additional 13,813 shares during the period. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.69 on Thursday. The stock has a 50-day simple moving average of $50.66 and a 200-day simple moving average of $50.57. The stock has a market capitalization of $34.18 billion, a PE ratio of 110.20 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.76.

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.