JPMorgan Ultra-Short Income ETF $JPST Holdings Boosted by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 252,466 shares of the company’s stock after purchasing an additional 12,600 shares during the period. J.W. Cole Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,239,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in JPMorgan Ultra-Short Income ETF by 8.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock worth $4,907,764,000 after purchasing an additional 7,786,258 shares in the last quarter. Bank of America Corp DE grew its position in JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after purchasing an additional 2,162,615 shares in the last quarter. UBS Group AG grew its position in JPMorgan Ultra-Short Income ETF by 5.9% during the 4th quarter. UBS Group AG now owns 9,469,398 shares of the company’s stock worth $479,057,000 after purchasing an additional 531,080 shares in the last quarter. HB Wealth Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 1.5% during the 4th quarter. HB Wealth Management LLC now owns 9,443,109 shares of the company’s stock worth $475,272,000 after purchasing an additional 140,546 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 568.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock worth $393,694,000 after purchasing an additional 6,617,940 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 Stock Performance

NYSEARCA JPST opened at $50.43 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.42 and a twelve month high of $50.79. The stock has a market cap of $37.48 billion, a price-to-earnings ratio of 109.63 and a beta of 0.01. The firm’s 50 day moving average price is $50.52 and its two-hundred day moving average price is $50.61.

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.