JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Channel Wealth LLC

Channel Wealth LLC grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 112.2% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 30,146 shares of the company’s stock after buying an additional 15,937 shares during the period. Channel Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,529,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in JPST. Hershey Financial Advisers LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $3,946,000. Strategent Financial LLC lifted 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 worth $17,694,000 after acquiring an additional 4,657 shares during the period. San Luis Wealth Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 36.1% in the second 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 increased its stake in shares of JPMorgan Ultra-Short Income ETF by 9.3% during the first quarter. Tiemann Investment Advisors LLC now owns 135,537 shares of the company’s stock worth $6,862,000 after acquiring an additional 11,570 shares during the period. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth about $7,715,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.67 on Thursday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78. The company has a 50-day moving average price of $50.67 and a 200 day moving average price of $50.63. The company has a market cap of $34.22 billion, a P/E ratio of 110.15 and a beta of 0.01.

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.