Edgestream Partners L.P. Has $4.95 Million Stake in JPMorgan Ultra-Short Income ETF $JPST

Edgestream Partners L.P. raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 47.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 97,700 shares of the company’s stock after buying an additional 31,500 shares during the period. Edgestream Partners L.P.’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,951,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. PNC Financial Services Group Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 624.0% during the first quarter. PNC Financial Services Group Inc. now owns 8,319 shares of the company’s stock worth $421,000 after acquiring an additional 7,170 shares during the last quarter. Thoroughbred Financial Services LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 28.3% during the 1st quarter. Thoroughbred Financial Services LLC now owns 32,645 shares of the company’s stock worth $1,652,000 after purchasing an additional 7,209 shares during the last quarter. Cary Street Partners Financial LLC lifted its position in JPMorgan Ultra-Short Income ETF by 53.6% during the 1st quarter. Cary Street Partners Financial LLC now owns 31,066 shares of the company’s stock valued at $1,573,000 after purchasing an additional 10,842 shares during the period. Atria Wealth Solutions Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 23.0% in the 1st quarter. Atria Wealth Solutions Inc. now owns 519,371 shares of the company’s stock valued at $26,296,000 after purchasing an additional 97,218 shares during the last quarter. Finally, Acima Private Wealth LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 8.6% during the 1st quarter. Acima Private Wealth LLC now owns 14,216 shares of the company’s stock worth $720,000 after acquiring an additional 1,125 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPMorgan Ultra-Short Income ETF stock opened at $50.59 on Wednesday. The firm has a market capitalization of $34.17 billion, a P/E ratio of 109.98 and a beta of 0.01. The business has a 50-day moving average of $50.68 and a 200-day moving average of $50.62. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.78.

JPMorgan Ultra-Short Income ETF 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.