J. W. Coons Advisors LLC Buys 1,840 Shares of JPMorgan Ultra-Short Income ETF $JPST

J. W. Coons Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.3% in the second quarter, HoldingsChannel reports. The firm owned 148,580 shares of the company’s stock after buying an additional 1,840 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.7% of J. W. Coons Advisors LLC’s portfolio, making the stock its 8th largest position. J. W. Coons Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,530,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in JPST. Centurion Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 2.0% in the 2nd quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock valued at $515,000 after buying an additional 200 shares during the period. Kathleen S. Wright Associates Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 2.3% in the second quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock worth $497,000 after acquiring an additional 220 shares in the last quarter. CWC Advisors LLC. grew its stake in JPMorgan Ultra-Short Income ETF by 5.1% in the second quarter. CWC Advisors LLC. now owns 5,468 shares of the company’s stock valued at $277,000 after acquiring an additional 263 shares during the period. Muirfield Wealth Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.1% during the second quarter. Muirfield Wealth Advisors LLC now owns 4,326 shares of the company’s stock valued at $219,000 after acquiring an additional 286 shares in the last quarter. Finally, GEM Asset Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.0% during the second quarter. GEM Asset Management LLC now owns 8,049 shares of the company’s stock valued at $406,000 after acquiring an additional 311 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Down 0.4%

Shares of JPST stock opened at $50.57 on Tuesday. The firm has a fifty day simple moving average of $50.68 and a two-hundred day simple moving average of $50.60. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.78. The firm has a market capitalization of $34.15 billion, a PE ratio of 109.93 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.