SVB Wealth LLC Purchases 1,255 Shares of JPMorgan Ultra-Short Income ETF $JPST

SVB Wealth LLC lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 77,675 shares of the company’s stock after purchasing an additional 1,255 shares during the quarter. SVB Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,933,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Cadence Bank grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 17.7% in the 1st quarter. Cadence Bank now owns 9,993 shares of the company’s stock worth $506,000 after purchasing an additional 1,500 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 53.4% in the 1st quarter. Smartleaf Asset Management LLC now owns 27,489 shares of the company’s stock worth $1,391,000 after purchasing an additional 9,569 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 12.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,778,832 shares of the company’s stock worth $191,322,000 after purchasing an additional 411,404 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 19.4% in the 1st quarter. Kestra Advisory Services LLC now owns 497,527 shares of the company’s stock worth $25,190,000 after purchasing an additional 80,910 shares during the last quarter. Finally, Compound Planning Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 155.7% in the 1st quarter. Compound Planning Inc. now owns 18,575 shares of the company’s stock worth $940,000 after purchasing an additional 11,310 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

Shares of NYSEARCA JPST opened at $50.70 on Friday. The firm’s 50-day simple moving average is $50.59 and its 200 day simple moving average is $50.53. The company has a market cap of $32.37 billion, a price-to-earnings ratio of 110.22 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.75.

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.