Intrua Financial LLC Buys 710,213 Shares of JPMorgan Ultra-Short Income ETF $JPST

Intrua Financial LLC grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 721.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 808,670 shares of the company’s stock after purchasing an additional 710,213 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 4.2% of Intrua Financial LLC’s investment portfolio, making the stock its 3rd largest holding. Intrua Financial LLC owned approximately 0.11% of JPMorgan Ultra-Short Income ETF worth $40,927,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Millennium Management LLC lifted its position in JPMorgan Ultra-Short Income ETF by 23.0% during the first quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock worth $12,575,000 after acquiring an additional 46,400 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $3,603,000. EverSource Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 99.6% in the second quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock valued at $50,000 after purchasing an additional 496 shares during the last quarter. First Trust Advisors LP bought a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $203,000. Finally, Brown Advisory Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 7.6% during the second quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock worth $310,000 after purchasing an additional 431 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

NYSEARCA:JPST opened at $50.58 on Tuesday. The stock has a market cap of $37.59 billion, a P/E ratio of 109.96 and a beta of 0.01. The stock has a 50 day simple moving average of $50.52 and a 200 day simple moving average of $50.59. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.41 and a 1-year high of $50.79.

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.