Mountain Capital Investment Advisors Inc. Buys 9,680 Shares of JPMorgan Ultra-Short Income ETF $JPST

Mountain Capital Investment Advisors Inc. raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 80,521 shares of the company’s stock after acquiring an additional 9,680 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 0.8% of Mountain Capital Investment Advisors Inc.’s holdings, making the stock its 12th largest position. Mountain Capital Investment Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,064,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Chelsea Counsel Co. bought a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at about $25,000. Pandora Wealth Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth approximately $34,000. Cooksen Wealth LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth approximately $36,000. Frazier Financial Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $41,000. Finally, TD Private Client Wealth LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $48,000. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of JPST opened at $50.72 on Monday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.76. The firm’s 50 day moving average is $50.67 and its 200-day moving average is $50.58. The stock has a market capitalization of $34.20 billion, a PE ratio of 110.26 and a beta of 0.03.

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.