JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Weatherly Asset Management L. P.

Weatherly Asset Management L. P. lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 506,364 shares of the company’s stock after buying an additional 24,633 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 2.1% of Weatherly Asset Management L. P.’s investment portfolio, making the stock its 9th largest holding. Weatherly Asset Management L. P. owned 0.08% of JPMorgan Ultra-Short Income ETF worth $25,688,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. PFS Partners LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 15.5% during the 3rd quarter. PFS Partners LLC now owns 5,730 shares of the company’s stock worth $291,000 after purchasing an additional 769 shares during the last quarter. CRA Financial Services LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 10.2% in the third quarter. CRA Financial Services LLC now owns 118,220 shares of the company’s stock worth $5,997,000 after purchasing an additional 10,903 shares in the last quarter. Asio Capital LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 18.6% in the third quarter. Asio Capital LLC now owns 41,500 shares of the company’s stock worth $2,105,000 after purchasing an additional 6,500 shares in the last quarter. John W. Brooker & Co. CPAs increased its position in JPMorgan Ultra-Short Income ETF by 0.5% during the third quarter. John W. Brooker & Co. CPAs now owns 77,222 shares of the company’s stock worth $3,917,000 after buying an additional 347 shares during the last quarter. Finally, MBL Wealth LLC bought a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at about $461,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.75 on Friday. The stock has a market capitalization of $34.28 billion, a P/E ratio of 110.33 and a beta of 0.01. The business has a 50-day moving average of $50.67 and a two-hundred day moving average of $50.64. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.78.

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.