American Financial Advisors LLC Acquires 44,758 Shares of JPMorgan Ultra-Short Income ETF $JPST

American Financial Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 35.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 170,238 shares of the company’s stock after acquiring an additional 44,758 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 1.1% of American Financial Advisors LLC’s investment portfolio, making the stock its 23rd biggest position. American Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,636,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Brentview Investment Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the second quarter valued at about $35,000. Silicon Valley Capital Partners acquired a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $37,000. American National Bank & Trust acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $38,000. Frazier Financial Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $41,000. Finally, Quaker Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 173.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock valued at $41,000 after purchasing an additional 1,906 shares during the period. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.65 on Tuesday. The stock has a market capitalization of $35.87 billion, a PE ratio of 110.11 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. The company’s 50-day moving average price is $50.66 and its two-hundred day moving average price is $50.65.

JPMorgan Ultra-Short Income ETF Company 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.