B. Riley Wealth Advisors Inc. Raises Holdings in JPMorgan Ultra-Short Income ETF $JPST

B. Riley Wealth Advisors Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 167,729 shares of the company’s stock after buying an additional 15,496 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,509,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JPST. Millennium Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 23.0% during the 1st quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock worth $12,575,000 after purchasing an additional 46,400 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at about $3,603,000. TD Private Client Wealth LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth about $48,000. LVW Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth about $677,000. Finally, Tempus Wealth Planning LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth about $208,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.72 on Monday. The company has a 50-day moving average of $50.67 and a two-hundred day moving average of $50.66. 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 cap of $36.18 billion, a PE ratio of 110.26 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.