Cravens & Co Advisors LLC Purchases Shares of 104,395 JPMorgan Ultra-Short Income ETF $JPST

Cravens & Co Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 104,395 shares of the company’s stock, valued at approximately $5,289,000. JPMorgan Ultra-Short Income ETF accounts for about 3.5% of Cravens & Co Advisors LLC’s holdings, making the stock its 9th biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Cardiff Park Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $25,000. Jackson Hole Capital Partners LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $28,000. MGB Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $30,000. Halbert Hargrove Global Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $38,000. Finally, TD Private Client Wealth LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 89.1% in the fourth quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock valued at $38,000 after buying an additional 350 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 $50.44 on Wednesday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.42 and a 52-week high of $50.79. The business’s 50 day moving average price is $50.53 and its two-hundred day moving average price is $50.61. The firm has a market cap of $37.49 billion, a PE ratio of 109.65 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.