Atlas Legacy Advisors LLC Buys 3,081 Shares of JPMorgan Ultra-Short Income ETF $JPST

Atlas Legacy Advisors LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.0% during the second quarter, HoldingsChannel.com reports. The firm owned 106,158 shares of the company’s stock after buying an additional 3,081 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 1.2% of Atlas Legacy Advisors LLC’s portfolio, making the stock its 22nd largest position. Atlas Legacy Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,380,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Centurion Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.0% in the second quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock worth $515,000 after buying an additional 200 shares in the last quarter. Kathleen S. Wright Associates Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 2.3% in the 2nd quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock worth $497,000 after purchasing an additional 220 shares in the last quarter. CWC Advisors LLC. lifted its stake in JPMorgan Ultra-Short Income ETF by 5.1% in the 2nd quarter. CWC Advisors LLC. now owns 5,468 shares of the company’s stock worth $277,000 after purchasing an additional 263 shares in the last quarter. First Horizon Advisors Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 7.2% in the 2nd quarter. First Horizon Advisors Inc. now owns 3,965 shares of the company’s stock valued at $201,000 after purchasing an additional 265 shares during the period. Finally, Muirfield Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 7.1% during the 2nd quarter. Muirfield Wealth Advisors LLC now owns 4,326 shares of the company’s stock valued at $219,000 after purchasing an additional 286 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.62 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.78. The stock has a market cap of $34.19 billion, a P/E ratio of 110.04 and a beta of 0.01. The firm’s fifty day moving average price is $50.68 and its 200-day moving average price is $50.60.

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.