Cambridge Investment Research Advisors Inc. Increases Stake in JPMorgan Ultra-Short Income ETF $JPST

Cambridge Investment Research Advisors Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 34.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,271,997 shares of the company’s stock after purchasing an additional 835,309 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $165,530,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Archer Investment Corp grew its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the third quarter. Archer Investment Corp now owns 1,991 shares of the company’s stock valued at $101,000 after acquiring an additional 200 shares in the last quarter. Lakeridge Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 4.5% during the fourth quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock valued at $241,000 after acquiring an additional 206 shares in the last quarter. Lantern Wealth Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 5.0% during the third quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock valued at $240,000 after acquiring an additional 226 shares in the last quarter. Condor Capital Management grew its stake in shares of JPMorgan Ultra-Short Income ETF by 1.6% during the third quarter. Condor Capital Management now owns 14,607 shares of the company’s stock valued at $741,000 after acquiring an additional 231 shares in the last quarter. Finally, Keel Point LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 1.4% during the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock valued at $862,000 after acquiring an additional 239 shares in the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.50 on Friday. The business has a 50-day moving average of $50.53 and a 200-day moving average of $50.62. The company has a market capitalization of $37.53 billion, a PE ratio of 109.78 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.42 and a 1-year high of $50.79.

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.