Bryn Mawr Trust Advisors LLC Acquires 19,157 Shares of JPMorgan Ultra-Short Income ETF $JPST

Bryn Mawr Trust Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 492,206 shares of the company’s stock after buying an additional 19,157 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 1.4% of Bryn Mawr Trust Advisors LLC’s holdings, making the stock its 15th largest position. Bryn Mawr Trust Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $24,945,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Temasek Holdings Private Ltd purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth about $842,655,000. JPMorgan Chase & Co. raised its stake in 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 valued at $5,068,793,000 after purchasing an additional 2,598,084 shares in the last quarter. LPL Financial LLC lifted its position in JPMorgan Ultra-Short Income ETF by 19.4% during the first 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 during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in 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 worth $346,121,000 after buying an additional 1,265,522 shares in the last quarter. Finally, Fountainhead AM LLC grew its stake in JPMorgan Ultra-Short Income ETF by 153.9% in the 1st quarter. Fountainhead AM LLC now owns 1,799,998 shares of the company’s stock worth $91,134,000 after buying an additional 1,091,012 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.62 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.78. The stock has a market cap of $34.19 billion, a P/E ratio of 110.04 and a beta of 0.01. The firm’s fifty day moving average price is $50.68 and its 200-day moving average price is $50.60.

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.