JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Stewardship Advisors LLC

Stewardship Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 149,253 shares of the company’s stock after buying an additional 19,106 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 1.8% of Stewardship Advisors LLC’s investment portfolio, making the stock its 15th largest holding. Stewardship Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,572,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in JPST. Bank of America Corp DE boosted its stake in JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after acquiring an additional 2,162,615 shares during the last quarter. RiverFront Investment Group LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 941.7% in the 2nd quarter. RiverFront Investment Group LLC now owns 1,258,877 shares of the company’s stock valued at $63,800,000 after purchasing an additional 1,138,031 shares in the last quarter. Foster Dykema Cabot & Partners LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 42.2% in the 2nd quarter. Foster Dykema Cabot & Partners LLC now owns 3,814,842 shares of the company’s stock valued at $193,336,000 after purchasing an additional 1,132,264 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 27.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,823,169 shares of the company’s stock worth $244,438,000 after purchasing an additional 1,044,337 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 34.7% in the second quarter. Envestnet Asset Management Inc. now owns 3,990,344 shares of the company’s stock worth $202,169,000 after purchasing an additional 1,027,118 shares in the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.67 on Monday. The business has a 50-day moving average price of $50.66 and a 200 day moving average price of $50.65. 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 $35.95 billion, a P/E ratio of 110.15 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.