Balefire LLC Acquires 14,958 Shares of JPMorgan Ultra-Short Income ETF $JPST

Balefire LLC grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 232.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,386 shares of the company’s stock after buying an additional 14,958 shares during the period. Balefire LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,077,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Adventist Health System Sunbelt Healthcare Corp raised its holdings in JPMorgan Ultra-Short Income ETF by 215.9% in the 1st 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 position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $63,540,000. Focus Partners Wealth raised its stake in JPMorgan Ultra-Short Income ETF by 149.9% during the 4th 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 last quarter. Kensington Asset Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 71.7% in the 1st quarter. Kensington Asset Management LLC now owns 1,994,639 shares of the company’s stock valued at $100,949,000 after purchasing an additional 832,640 shares during the period. Finally, Axxcess Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 65.4% in the 4th quarter. Axxcess Wealth Management LLC now owns 1,925,152 shares of the company’s stock valued at $97,393,000 after purchasing an additional 761,030 shares during the period. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST traded up $0.03 on Friday, hitting $50.30. 4,960,720 shares of the company were exchanged, compared to its average volume of 6,802,942. The company’s 50 day moving average price is $50.40 and its two-hundred day moving average price is $50.47. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79. The firm has a market capitalization of $42.40 billion, a price-to-earnings ratio of 109.35 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.