Arcus Capital Partners LLC Has $2 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Arcus Capital Partners LLC decreased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 82.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,530 shares of the company’s stock after selling 185,352 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 0.9% of Arcus Capital Partners LLC’s investment portfolio, making the stock its 20th biggest holding. Arcus Capital Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,003,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Temasek Holdings Private Ltd bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at $842,655,000. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.7% in the first quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock worth $5,068,793,000 after acquiring an additional 2,598,084 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 19.4% during the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock valued at $767,511,000 after purchasing an additional 2,464,430 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 22.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after purchasing an additional 1,265,522 shares during the period. Finally, Fountainhead AM LLC increased its stake in JPMorgan Ultra-Short Income ETF by 153.9% during the 1st quarter. Fountainhead AM LLC now owns 1,799,998 shares of the company’s stock worth $91,134,000 after purchasing an additional 1,091,012 shares in the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.72 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.76. The company’s 50 day moving average price is $50.67 and its two-hundred day moving average price is $50.58. The company has a market capitalization of $34.20 billion, a P/E ratio of 110.26 and a beta of 0.03.

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.