Rockingstone Advisors LLC Has $9.27 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Rockingstone Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 32.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 182,795 shares of the company’s stock after acquiring an additional 44,735 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 4.6% of Rockingstone Advisors LLC’s portfolio, making the stock its biggest position. Rockingstone Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,273,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Chelsea Counsel Co. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter worth about $25,000. Brentview Investment Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $35,000. Silicon Valley Capital Partners acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $37,000. Frazier Financial Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $41,000. Finally, Quaker Wealth Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 173.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after buying an additional 1,906 shares during the period. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.70 on Friday. The firm has a market cap of $34.24 billion, a P/E ratio of 110.22 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.78. The firm’s 50 day moving average price is $50.67 and its two-hundred day moving average price is $50.63.

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.