EverSource Wealth Advisors LLC Purchases 26,327 Shares of JPMorgan Ultra-Short Income ETF $JPST

EverSource Wealth Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 306.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 34,912 shares of the company’s stock after buying an additional 26,327 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,767,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of JPST. JPMorgan Chase & Co. raised its stake in JPMorgan Ultra-Short Income ETF by 10.1% in the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after purchasing an additional 9,729,791 shares in the last quarter. Axxcess Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 568.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock worth $393,694,000 after purchasing an additional 6,617,940 shares in the last quarter. Bank of America Corp DE grew its position in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after purchasing an additional 2,162,615 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp increased its holdings in shares of 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 purchasing an additional 1,921,600 shares during the period. Finally, LPL Financial LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after purchasing an additional 1,459,312 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.54 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.39 and a 1-year high of $50.79. The company has a 50 day moving average of $50.49 and a 200-day moving average of $50.56. The company has a market cap of $40.35 billion, a price-to-earnings ratio of 109.87 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF 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.