7,381 Shares in JPMorgan Ultra-Short Income ETF $JPST Bought by Arbor Trust Wealth Advisors LLC

Arbor Trust Wealth Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,381 shares of the company’s stock, valued at approximately $374,000.

Several other institutional investors have also added to or reduced their stakes in JPST. Temasek Holdings Private Ltd bought a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at about $842,655,000. JPMorgan Chase & Co. increased its holdings in JPMorgan Ultra-Short Income ETF by 2.7% during the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock valued at $5,068,793,000 after purchasing an additional 2,598,084 shares during the period. LPL Financial LLC raised its position in JPMorgan Ultra-Short Income ETF by 19.4% during the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock valued at $767,511,000 after purchasing an additional 2,464,430 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in JPMorgan Ultra-Short Income ETF by 22.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after purchasing an additional 1,265,522 shares during the last quarter. Finally, Fountainhead AM LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 153.9% in the 1st quarter. Fountainhead AM LLC now owns 1,799,998 shares of the company’s stock worth $91,134,000 after buying an additional 1,091,012 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.62 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.78. The firm has a market cap of $34.19 billion, a P/E ratio of 110.04 and a beta of 0.01. The business’s 50 day moving average price is $50.67 and its 200-day moving average price is $50.60.

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.