JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 19.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 24,495 shares of the company’s stock after acquiring an additional 3,922 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,241,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Stone Summit Wealth LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 32.9% in the 1st quarter. Stone Summit Wealth LLC now owns 43,236 shares of the company’s stock worth $2,189,000 after buying an additional 10,713 shares during the last quarter. Tiemann Investment Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 9.3% during the 1st quarter. Tiemann Investment Advisors LLC now owns 135,537 shares of the company’s stock valued at $6,862,000 after buying an additional 11,570 shares during the last quarter. San Luis Wealth Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 36.1% during the second quarter. San Luis Wealth Advisors LLC now owns 674,498 shares of the company’s stock worth $34,184,000 after acquiring an additional 179,002 shares during the period. Clear Point Advisors Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 3.1% in the second quarter. Clear Point Advisors Inc. now owns 64,613 shares of the company’s stock worth $3,275,000 after acquiring an additional 1,920 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 624.0% in the first quarter. PNC Financial Services Group Inc. now owns 8,319 shares of the company’s stock valued at $421,000 after acquiring an additional 7,170 shares during the period. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.73 on Wednesday. The stock has a 50 day moving average of $50.67 and a 200-day moving average of $50.58. The firm has a market capitalization of $34.21 billion, a PE ratio of 110.28 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.76.

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.