JPMorgan Ultra-Short Income ETF $JPST Holdings Raised by Farther Finance Advisors LLC

Farther Finance Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 29.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 99,342 shares of the company’s stock after acquiring an additional 22,589 shares during the period. Farther Finance Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,040,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of JPST. Temasek Holdings Private Ltd acquired a new stake in JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $842,655,000. Bank of America Corp DE boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after purchasing an additional 2,162,615 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of 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 acquiring an additional 1,265,522 shares in the last quarter. RiverFront Investment Group LLC grew its stake in JPMorgan Ultra-Short Income ETF by 941.7% in the second quarter. RiverFront Investment Group LLC now owns 1,258,877 shares of the company’s stock valued at $63,800,000 after purchasing an additional 1,138,031 shares in the last quarter. Finally, Foster Dykema Cabot & Partners LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 42.2% in the 2nd quarter. Foster Dykema Cabot & Partners LLC now owns 3,814,842 shares of the company’s stock valued at $193,336,000 after buying an additional 1,132,264 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.70 on Wednesday. The company has a market capitalization of $34.24 billion, a P/E ratio of 110.22 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.78. The firm’s fifty day simple moving average is $50.67 and its 200-day simple moving average is $50.64.

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.