JPMorgan Ultra-Short Income ETF $JPST Position Increased by Crane Advisory LLC

Crane Advisory LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,477,574 shares of the company’s stock after acquiring an additional 56,362 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 11.8% of Crane Advisory LLC’s portfolio, making the stock its 4th biggest position. Crane Advisory LLC owned 0.22% of JPMorgan Ultra-Short Income ETF worth $74,780,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. Hershey Financial Advisers LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth about $3,946,000. Strategent Financial LLC raised its stake in JPMorgan Ultra-Short Income ETF by 1.4% during the second quarter. Strategent Financial LLC now owns 349,122 shares of the company’s stock valued at $17,694,000 after buying an additional 4,657 shares in the last quarter. San Luis Wealth Advisors LLC lifted its holdings in 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 worth $34,184,000 after buying an additional 179,002 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $7,715,000. Finally, Cliftonlarsonallen Wealth Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 6.0% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 406,685 shares of the company’s stock valued at $20,631,000 after acquiring an additional 23,129 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.70 on Wednesday. The business’s fifty day moving average price is $50.67 and its 200 day moving average price is $50.64. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.78. The stock has a market capitalization of $34.24 billion, a PE ratio of 110.22 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.