JPMorgan Ultra-Short Income ETF $JPST Stock Position Increased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 38.7% in the third quarter, Holdings Channel.com reports. The fund owned 237,910 shares of the company’s stock after purchasing an additional 66,388 shares during the period. Kestra Private Wealth Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the stock. Strategent Financial LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 221.1% during the 3rd quarter. Strategent Financial LLC now owns 161,678 shares of the company’s stock valued at $8,144,000 after buying an additional 111,330 shares in the last quarter. Clear Point Advisors Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 45.4% in the third quarter. Clear Point Advisors Inc. now owns 42,727 shares of the company’s stock worth $2,152,000 after buying an additional 13,335 shares in the last quarter. Chicago Partners Investment Group LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 22.8% in the third quarter. Chicago Partners Investment Group LLC now owns 133,483 shares of the company’s stock worth $6,722,000 after buying an additional 24,824 shares in the last quarter. Richardson Financial Services Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $260,000. Finally, Ascent Group LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $413,000. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

NYSEARCA:JPST opened at $50.26 on Thursday. The business’s 50-day moving average price is $50.35 and its two-hundred day moving average price is $50.50. The stock has a market cap of $42.38 billion, a P/E ratio of 109.26 and a beta of 0.02. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.79.

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.