JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Bristlecone Advisors LLC

Bristlecone Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 30.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 276,427 shares of the company’s stock after acquiring an additional 64,020 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 1.2% of Bristlecone Advisors LLC’s investment portfolio, making the stock its 25th largest position. Bristlecone Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $14,009,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its holdings in JPMorgan Ultra-Short Income ETF by 2.7% in the first quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock valued at $5,068,793,000 after acquiring an additional 2,598,084 shares during the period. Temasek Holdings Private Ltd acquired a new position in JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $842,655,000. LPL Financial LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 19.4% in the first quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock valued at $767,511,000 after acquiring an additional 2,464,430 shares during the period. HB Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 4.0% in the second quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock valued at $450,480,000 after acquiring an additional 342,791 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 22.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after acquiring an additional 1,265,522 shares during the period. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of NYSEARCA:JPST opened at $50.77 on Wednesday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.77. The company has a market capitalization of $34.29 billion, a PE ratio of 110.37 and a beta of 0.01. The business has a 50 day moving average of $50.68 and a two-hundred day moving average of $50.59.

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.