Wedbush Securities Inc. Grows Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Wedbush Securities Inc. grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 70.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,064 shares of the company’s stock after buying an additional 18,616 shares during the period. Wedbush Securities Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,284,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Centurion Wealth Management LLC grew its position in 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 acquiring an additional 200 shares in the last quarter. Kathleen S. Wright Associates Inc. raised its position in JPMorgan Ultra-Short Income ETF by 2.3% during the second quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock valued at $497,000 after purchasing an additional 220 shares during the period. CWC Advisors LLC. lifted its stake in shares of 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 valued at $277,000 after purchasing an additional 263 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in shares of 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 last quarter. Finally, Muirfield Wealth Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.1% in the 2nd quarter. Muirfield Wealth Advisors LLC now owns 4,326 shares of the company’s stock worth $219,000 after purchasing an additional 286 shares during the period. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.62 on Friday. The business’s 50 day moving average price is $50.67 and its 200-day moving average price is $50.60. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.78. The company has a market cap of $34.19 billion, a P/E ratio of 110.04 and a beta of 0.01.

About JPMorgan Ultra-Short Income ETF

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.