JPMorgan Ultra-Short Income ETF $JPST Stock Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 420,309 shares of the company’s stock after buying an additional 25,421 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $21,171,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Adventist Health System Sunbelt Healthcare Corp raised its position in JPMorgan Ultra-Short Income ETF by 215.9% during the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after acquiring an additional 1,921,600 shares during the period. John A. Wolfe & Associates Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $63,540,000. Focus Partners Wealth grew its position in shares of JPMorgan Ultra-Short Income ETF by 149.9% in the fourth quarter. Focus Partners Wealth now owns 1,440,192 shares of the company’s stock valued at $72,957,000 after purchasing an additional 863,988 shares during the period. Kensington Asset Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 71.7% during the first quarter. Kensington Asset Management LLC now owns 1,994,639 shares of the company’s stock worth $100,949,000 after purchasing an additional 832,640 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 65.4% during the fourth quarter. Axxcess Wealth Management LLC now owns 1,925,152 shares of the company’s stock worth $97,393,000 after purchasing an additional 761,030 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST remained flat at $50.27 during mid-day trading on Thursday. 7,889,485 shares of the company traded hands, compared to its average volume of 6,812,485. The stock has a market cap of $42.38 billion, a PE ratio of 109.28 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.79. The firm’s fifty day simple moving average is $50.41 and its 200 day simple moving average is $50.47.

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.