Perennial Investment Advisors LLC Acquires 1,779 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Perennial Investment Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 46,229 shares of the company’s stock after acquiring an additional 1,779 shares during the quarter. Perennial Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,333,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Transform Wealth LLC raised its position in JPMorgan Ultra-Short Income ETF by 1.9% during the second quarter. Transform Wealth LLC now owns 10,917 shares of the company’s stock valued at $551,000 after acquiring an additional 200 shares in the last quarter. Unique Wealth LLC raised its position in JPMorgan Ultra-Short Income ETF by 2.1% during the first quarter. Unique Wealth LLC now owns 10,258 shares of the company’s stock valued at $517,000 after acquiring an additional 208 shares in the last quarter. InTrack Investment Management Inc raised its position in JPMorgan Ultra-Short Income ETF by 2.4% during the second quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock valued at $454,000 after acquiring an additional 209 shares in the last quarter. Etesian Wealth Advisors Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 3.4% in the second quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock valued at $322,000 after purchasing an additional 213 shares during the period. Finally, Kathleen S. Wright Associates Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 2.5% in the first quarter. Kathleen S. Wright Associates Inc. now owns 9,307 shares of the company’s stock valued at $470,000 after purchasing an additional 226 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.64 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.96 and a 12 month high of $50.68. The company’s 50 day moving average is $50.53 and its 200-day moving average is $50.41.

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.