Kwmg LLC Raises Stake in JPMorgan Ultra-Short Income ETF $JPST

Kwmg LLC grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 360,964 shares of the company’s stock after acquiring an additional 28,712 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 1.3% of Kwmg LLC’s portfolio, making the stock its 24th largest holding. Kwmg LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $18,182,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in JPST. PFW Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at about $210,000. Worth Asset Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 81.2% during the third quarter. Worth Asset Management LLC now owns 187,616 shares of the company’s stock worth $9,450,000 after purchasing an additional 84,093 shares during the last quarter. Matrix Trust Co bought a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $173,000. Bank of New Hampshire grew its position in JPMorgan Ultra-Short Income ETF by 26.6% in the 3rd quarter. Bank of New Hampshire now owns 53,958 shares of the company’s stock worth $2,718,000 after purchasing an additional 11,323 shares in the last quarter. Finally, RVW Wealth LLC increased its stake in JPMorgan Ultra-Short Income ETF by 1,013.2% in the 3rd quarter. RVW Wealth LLC now owns 54,634 shares of the company’s stock valued at $2,752,000 after buying an additional 49,726 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock traded up $0.03 during mid-day trading on Wednesday, hitting $50.27. 3,767,368 shares of the stock were exchanged, compared to its average volume of 6,792,718. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79. The company has a 50-day simple moving average of $50.42 and a 200 day simple moving average of $50.48. The company has a market capitalization of $42.06 billion, a P/E ratio of 109.29 and a beta of 0.01.

About JPMorgan Ultra-Short Income ETF

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.