JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Ballentine Capital Advisors Inc

Ballentine Capital Advisors Inc increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 59.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,852 shares of the company’s stock after purchasing an additional 15,684 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 1.0% of Ballentine Capital Advisors Inc’s holdings, making the stock its 13th biggest holding. Ballentine Capital Advisors Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,121,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of JPST. Centurion Wealth Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 2.0% during the 2nd quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock valued at $515,000 after buying an additional 200 shares during the period. Kathleen S. Wright Associates Inc. grew its position in JPMorgan Ultra-Short Income ETF by 2.3% in the second quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock worth $497,000 after acquiring an additional 220 shares during the period. Keel Point LLC increased its stake in JPMorgan Ultra-Short Income ETF by 1.4% during the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock worth $862,000 after acquiring an additional 239 shares during the last quarter. CWC Advisors LLC. increased its stake in JPMorgan Ultra-Short Income ETF by 5.1% during the second quarter. CWC Advisors LLC. now owns 5,468 shares of the company’s stock worth $277,000 after acquiring an additional 263 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its position in JPMorgan Ultra-Short Income ETF by 7.2% in the second quarter. First Horizon Advisors Inc. now owns 3,965 shares of the company’s stock valued at $201,000 after purchasing an additional 265 shares during the period. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.64 on Monday. The firm has a market cap of $34.20 billion, a PE ratio of 110.09 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78. The business’s fifty day simple moving average is $50.67 and its 200-day simple moving average is $50.63.

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.