MBA Advisors LLC Boosts Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

MBA Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 65,861 shares of the company’s stock after acquiring an additional 4,333 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 1.5% of MBA Advisors LLC’s portfolio, making the stock its 18th largest holding. MBA Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,338,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of JPST. Future Financial Wealth Managment LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 8.5% during the 1st quarter. Future Financial Wealth Managment LLC now owns 45,418 shares of the company’s stock worth $2,300,000 after acquiring an additional 3,540 shares during the last quarter. Baker Tilly Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 3.5% during the 1st quarter. Baker Tilly Wealth Management LLC now owns 23,074 shares of the company’s stock worth $1,168,000 after acquiring an additional 788 shares during the last quarter. Fiduciary Alliance LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 2.7% during the 1st quarter. Fiduciary Alliance LLC now owns 15,306 shares of the company’s stock worth $775,000 after acquiring an additional 401 shares during the last quarter. Fragasso Financial Advisors Inc boosted its holdings in JPMorgan Ultra-Short Income ETF by 7.3% during the 1st quarter. Fragasso Financial Advisors Inc now owns 21,162 shares of the company’s stock worth $1,071,000 after acquiring an additional 1,433 shares during the last quarter. Finally, IMZ Advisory Inc boosted its holdings in JPMorgan Ultra-Short Income ETF by 6.2% during the 1st quarter. IMZ Advisory Inc now owns 393,151 shares of the company’s stock worth $19,905,000 after acquiring an additional 22,872 shares during the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.74 on Tuesday. The company has a market capitalization of $32.40 billion, a price-to-earnings ratio of 110.30 and a beta of 0.03. The firm’s fifty day moving average price is $50.65 and its two-hundred day moving average price is $50.57. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year 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.