JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Purchased by Sharper & Granite LLC

Sharper & Granite LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 34.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 116,557 shares of the company’s stock after purchasing an additional 30,100 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 2.4% of Sharper & Granite LLC’s portfolio, making the stock its 13th largest position. Sharper & Granite LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,901,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its position in JPMorgan Ultra-Short Income ETF by 32.6% during the fourth quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock worth $4,911,897,000 after purchasing an additional 23,971,471 shares during the last quarter. Bank of America Corp DE increased its position in shares of JPMorgan Ultra-Short Income ETF by 5.5% in the fourth quarter. Bank of America Corp DE now owns 14,427,628 shares of the company’s stock worth $726,720,000 after acquiring an additional 746,626 shares in the last quarter. LPL Financial LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 13.6% in the fourth quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock worth $639,436,000 after acquiring an additional 1,522,758 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of JPMorgan Ultra-Short Income ETF by 3.3% in the fourth quarter. Wells Fargo & Company MN now owns 7,130,097 shares of the company’s stock worth $359,143,000 after acquiring an additional 224,833 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 10.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,588,353 shares of the company’s stock worth $282,938,000 after acquiring an additional 506,315 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Tuesday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.75. The firm has a fifty day moving average of $50.52 and a 200-day moving average of $50.51. The firm has a market capitalization of $31.90 billion, a P/E ratio of 109.74 and a beta of 0.03.

About JPMorgan Ultra-Short Income ETF

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.