Principle Wealth Partners LLC Purchases 17,854 Shares of JPMorgan Ultra-Short Income ETF $JPST

Principle Wealth Partners LLC grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,347 shares of the company’s stock after purchasing an additional 17,854 shares during the quarter. Principle Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,238,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of JPST. Oppenheimer & Co. Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 1.9% in the first quarter. Oppenheimer & Co. Inc. now owns 109,538 shares of the company’s stock valued at $5,546,000 after purchasing an additional 2,006 shares during the period. Financial Enhancement Group LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 11.4% in the first quarter. Financial Enhancement Group LLC now owns 136,073 shares of the company’s stock worth $6,874,000 after acquiring an additional 13,954 shares during the last quarter. Global Assets Advisory LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter worth $229,000. Golden State Equity Partners grew its stake in shares of JPMorgan Ultra-Short Income ETF by 14.5% in the first quarter. Golden State Equity Partners now owns 30,028 shares of the company’s stock worth $1,520,000 after acquiring an additional 3,807 shares during the last quarter. Finally, Independent Solutions Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 8.9% in the first quarter. Independent Solutions Wealth Management LLC now owns 47,185 shares of the company’s stock worth $2,389,000 after acquiring an additional 3,873 shares during the last quarter. Institutional investors 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 $50.74 on Thursday. The company’s fifty day simple moving average is $50.67 and its 200-day simple moving average is $50.58. The company has a market cap of $34.21 billion, a price-to-earnings ratio of 110.30 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.76.

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.