JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 19.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,144,116 shares of the company’s stock after purchasing an additional 184,588 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 2.1% of Capital Asset Advisory Services LLC’s holdings, making the stock its 13th biggest position. Capital Asset Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $57,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of JPST. Cardiff Park Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter worth $25,000. Jackson Hole Capital Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $28,000. Sittner & Nelson LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $30,000. Motiv8 Investments LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $32,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $38,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.3%

JPST opened at $50.40 on Thursday. The firm has a market cap of $39.15 billion, a P/E ratio of 109.57 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.39 and a 52 week high of $50.79. The business’s fifty day simple moving average is $50.52 and its 200 day simple moving average is $50.59.

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.