JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.5% in the 1st quarter, Holdings Channel reports. The firm owned 67,577 shares of the company’s stock after purchasing an additional 4,115 shares during the period. Steward Partners Investment Advisory LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,421,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Logan Capital Management Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $27,000. Pandora Wealth Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth approximately $34,000. Cooksen Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth approximately $36,000. Cohalo Advisory LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $55,000. Finally, Coppell Advisory Solutions LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 32.7% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,161 shares of the company’s stock worth $59,000 after purchasing an additional 286 shares in the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.67 on Thursday. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.75. The stock has a market capitalization of $32.35 billion, a price-to-earnings ratio of 110.15 and a beta of 0.03. The stock has a 50 day moving average price of $50.58 and a 200 day moving average price of $50.53.

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.