JPMorgan Ultra-Short Income ETF $JPST Stock Holdings Increased by Western Wealth Management LLC

Western Wealth Management LLC increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 43,316 shares of the company’s stock after acquiring an additional 4,116 shares during the quarter. Western Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,195,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Beta Wealth Group Inc. increased its stake in JPMorgan Ultra-Short Income ETF by 61.3% in the 2nd quarter. Beta Wealth Group Inc. now owns 6,480 shares of the company’s stock worth $328,000 after purchasing an additional 2,462 shares in the last quarter. Summitry LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $349,000. Rockefeller Capital Management L.P. grew its position in JPMorgan Ultra-Short Income ETF by 10.7% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 630,157 shares of the company’s stock worth $31,936,000 after purchasing an additional 61,012 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.5% in the second quarter. Kingsview Wealth Management LLC now owns 132,461 shares of the company’s stock valued at $6,713,000 after purchasing an additional 651 shares in the last quarter. Finally, Citizens Financial Group Inc. RI lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 26.4% in the second quarter. Citizens Financial Group Inc. RI now owns 367,532 shares of the company’s stock valued at $18,626,000 after purchasing an additional 76,660 shares in the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

NYSEARCA:JPST opened at $50.65 on Monday. The business’s fifty day moving average price is $50.68 and its 200 day moving average price is $50.60. The firm has a market capitalization of $34.21 billion, a price-to-earnings ratio of 110.10 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.78.

JPMorgan Ultra-Short Income ETF 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.