Kestra Advisory Services LLC Has $36.45 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Kestra Advisory Services LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 24.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 720,145 shares of the company’s stock after acquiring an additional 143,283 shares during the period. Kestra Advisory Services LLC owned approximately 0.10% of JPMorgan Ultra-Short Income ETF worth $36,447,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Nicholson Meyer Capital Management Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 0.9% in the 1st quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock valued at $1,128,000 after buying an additional 202 shares in the last quarter. Lakeridge Wealth Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.5% in the 4th quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock valued at $241,000 after purchasing an additional 206 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock worth $434,000 after purchasing an additional 221 shares during the last quarter. Lantern Wealth Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.0% in the 3rd quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock worth $240,000 after purchasing an additional 226 shares during the last quarter. Finally, Keel Point LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 1.4% during the 2nd quarter. Keel Point LLC now owns 17,002 shares of the company’s stock worth $862,000 after purchasing an additional 239 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock remained flat at $50.45 during trading on Friday. 7,859,971 shares of the company traded hands, compared to its average volume of 6,763,187. The stock has a market cap of $39.70 billion, a PE ratio of 109.67 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79. The stock has a 50 day moving average of $50.50 and a 200 day moving average of $50.58.

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.