JPMorgan Ultra-Short Income ETF $JPST Stock Position Boosted by Independent Wealth Network Inc.

Independent Wealth Network Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 19.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 196,277 shares of the company’s stock after buying an additional 31,273 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 3.2% of Independent Wealth Network Inc.’s holdings, making the stock its 4th largest holding. Independent Wealth Network Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,957,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in JPST. CreativeOne Wealth LLC increased its stake in JPMorgan Ultra-Short Income ETF by 84.2% in the first quarter. CreativeOne Wealth LLC now owns 19,834 shares of the company’s stock valued at $1,004,000 after purchasing an additional 9,067 shares during the last quarter. Paces Ferry Wealth Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.7% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 216,860 shares of the company’s stock valued at $10,980,000 after buying an additional 7,661 shares in the last quarter. D L Carlson Investment Group Inc. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 26.8% in the 1st quarter. D L Carlson Investment Group Inc. now owns 44,615 shares of the company’s stock valued at $2,259,000 after buying an additional 9,430 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of JPMorgan Ultra-Short Income ETF by 428.8% in the 1st quarter. BNP Paribas Financial Markets now owns 848,945 shares of the company’s stock valued at $42,982,000 after buying an additional 688,390 shares during the last quarter. Finally, Oarsman Capital Inc. raised its stake in JPMorgan Ultra-Short Income ETF by 11.5% during the 1st quarter. Oarsman Capital Inc. now owns 237,594 shares of the company’s stock worth $12,029,000 after acquiring an additional 24,456 shares in the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.73 on Thursday. The company has a fifty day moving average of $50.67 and a two-hundred day moving average of $50.64. The company has a market capitalization of $34.26 billion, a PE ratio of 110.28 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.78.

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.