JPMorgan Ultra-Short Income ETF $JPST Stock Position Boosted by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 26.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 367,532 shares of the company’s stock after buying an additional 76,660 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in JPMorgan Ultra-Short Income ETF were worth $18,626,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Temasek Holdings Private Ltd acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $842,655,000. JPMorgan Chase & Co. boosted its stake in JPMorgan Ultra-Short Income ETF by 2.7% during the 1st 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 increased its position 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 during the period. Wealth Enhancement Advisory Services LLC raised its stake 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 worth $346,121,000 after buying an additional 1,265,522 shares in the last quarter. Finally, Fountainhead AM LLC raised its stake in shares of 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. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST stock opened at $50.63 on Friday. The stock has a 50-day simple moving average of $50.68 and a 200 day simple moving average of $50.60. 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 capitalization of $34.20 billion, a P/E ratio of 110.07 and a beta of 0.01.

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.