JPMorgan Ultra-Short Income ETF $JPST Shares Newly Purchased by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC acquired a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 20,766 shares of the company’s stock, valued at approximately $1,046,000.

Several other institutional investors and hedge funds also recently modified their holdings of JPST. Nicholson Meyer Capital Management Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 0.9% during the 1st quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock worth $1,128,000 after buying an additional 202 shares in the last quarter. Whipplewood Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 1.2% during the first quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock worth $936,000 after acquiring an additional 227 shares during the period. Vista Cima Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.7% in the 2nd quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock worth $1,766,000 after purchasing an additional 239 shares in the last quarter. Secured Retirement Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 5.1% during the 1st quarter. Secured Retirement Advisors LLC now owns 5,003 shares of the company’s stock valued at $253,000 after acquiring an additional 243 shares during the last quarter. Finally, Signal Advisors Wealth LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 1.0% during the first quarter. Signal Advisors Wealth LLC now owns 26,452 shares of the company’s stock worth $1,339,000 after purchasing an additional 252 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST traded up $0.02 on Tuesday, hitting $50.31. 7,443,774 shares of the company were exchanged, compared to its average volume of 6,805,279. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.79. The company’s 50 day moving average price is $50.40 and its 200-day moving average price is $50.47. The firm has a market capitalization of $42.41 billion, a P/E ratio of 109.37 and a beta of 0.01.

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.