Capital Asset Advisory Services LLC Increases Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Capital Asset Advisory Services LLC grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 579,633 shares of the company’s stock after purchasing an additional 20,736 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 1.3% of Capital Asset Advisory Services LLC’s portfolio, making the stock its 25th largest holding. Capital Asset Advisory Services LLC owned 0.09% of JPMorgan Ultra-Short Income ETF worth $29,405,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Hershey Financial Advisers LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $3,946,000. Strategent Financial LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the 2nd quarter. Strategent Financial LLC now owns 349,122 shares of the company’s stock valued at $17,694,000 after acquiring an additional 4,657 shares during the period. San Luis Wealth Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 36.1% during the 2nd quarter. San Luis Wealth Advisors LLC now owns 674,498 shares of the company’s stock valued at $34,184,000 after acquiring an additional 179,002 shares in the last quarter. Tiemann Investment Advisors LLC boosted its position in JPMorgan Ultra-Short Income ETF by 9.3% during the 1st quarter. Tiemann Investment Advisors LLC now owns 135,537 shares of the company’s stock worth $6,862,000 after purchasing an additional 11,570 shares during the period. Finally, Clear Point Advisors Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 3.1% in the 2nd quarter. Clear Point Advisors Inc. now owns 64,613 shares of the company’s stock valued at $3,275,000 after purchasing an additional 1,920 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.67 on Tuesday. The business’s 50-day moving average is $50.67 and its two-hundred day moving average is $50.63. The firm has a market capitalization of $34.22 billion, a PE ratio of 110.15 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month 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.