Ascent Group LLC Increases Holdings in JPMorgan Ultra-Short Income ETF $JPST

Ascent Group LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,781 shares of the company’s stock after purchasing an additional 665 shares during the period. Ascent Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $242,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of JPST. Chelsea Counsel Co. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth approximately $25,000. Pandora Wealth Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth approximately $34,000. Cooksen Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth approximately $36,000. TD Private Client Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $48,000. Finally, Sound Income Strategies LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 54.9% during the 2nd quarter. Sound Income Strategies LLC now owns 1,162 shares of the company’s stock worth $59,000 after acquiring an additional 412 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.63 on Thursday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.76. The business’s 50 day moving average price is $50.65 and its two-hundred day moving average price is $50.57. The company has a market capitalization of $34.14 billion, a price-to-earnings ratio of 110.07 and a beta of 0.03.

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.