Revisor Wealth Management LLC Increases Position in JPMorgan Ultra-Short Income ETF $JPST

Revisor Wealth Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 129.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,227 shares of the company’s stock after purchasing an additional 16,470 shares during the period. Revisor Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,479,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Temasek Holdings Private Ltd bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter valued at about $842,655,000. Bank of America Corp DE lifted its position in JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after buying an additional 2,162,615 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 22.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after buying an additional 1,265,522 shares in the last quarter. RiverFront Investment Group LLC grew its position in JPMorgan Ultra-Short Income ETF by 941.7% during the second quarter. RiverFront Investment Group LLC now owns 1,258,877 shares of the company’s stock valued at $63,800,000 after acquiring an additional 1,138,031 shares during the last quarter. Finally, Foster Dykema Cabot & Partners LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 42.2% during the second quarter. Foster Dykema Cabot & Partners LLC now owns 3,814,842 shares of the company’s stock worth $193,336,000 after acquiring an additional 1,132,264 shares in the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.70 on Wednesday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.78. The firm has a market cap of $34.24 billion, a price-to-earnings ratio of 110.22 and a beta of 0.01. The firm has a 50 day moving average price of $50.67 and a 200-day moving average price of $50.64.

About JPMorgan Ultra-Short Income ETF

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.