JPMorgan Ultra-Short Income ETF $JPST Stock Holdings Raised by 5T Wealth LLC

5T Wealth LLC grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 95.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 61,902 shares of the company’s stock after purchasing an additional 30,256 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 1.4% of 5T Wealth LLC’s holdings, making the stock its 21st biggest holding. 5T Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,140,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of JPST. Hershey Financial Advisers LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at $3,946,000. Crane Advisory LLC increased its stake in JPMorgan Ultra-Short Income ETF by 4.0% in the 3rd quarter. Crane Advisory LLC now owns 1,477,574 shares of the company’s stock worth $74,780,000 after purchasing an additional 56,362 shares in the last quarter. Strategent Financial LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 1.4% during the 2nd quarter. Strategent Financial LLC now owns 349,122 shares of the company’s stock worth $17,694,000 after buying an additional 4,657 shares during the period. San Luis Wealth Advisors LLC raised 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 period. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at about $7,715,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.75 on Monday. The company has a 50-day moving average of $50.67 and a two-hundred day moving average of $50.64. The stock has a market cap of $34.28 billion, a price-to-earnings ratio of 110.33 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year 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.