JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Scarborough Advisors LLC

Scarborough Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 158,477 shares of the company’s stock after buying an additional 26,442 shares during the period. Scarborough Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,021,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Parallel Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 100.6% during the first quarter. Parallel Advisors LLC now owns 63,971 shares of the company’s stock valued at $3,238,000 after buying an additional 32,075 shares in the last quarter. Ironwood Investment Counsel LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 61.5% during the 1st quarter. Ironwood Investment Counsel LLC now owns 222,282 shares of the company’s stock valued at $11,250,000 after acquiring an additional 84,682 shares in the last quarter. Decker Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $739,000. Greenwood Gearhart LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 9.6% in the first quarter. Greenwood Gearhart LLC now owns 1,739,531 shares of the company’s stock worth $88,038,000 after buying an additional 151,747 shares during the last quarter. Finally, Koss Olinger Consulting LLC bought a new position in JPMorgan Ultra-Short Income ETF during the first quarter valued at about $404,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.50 on Monday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.39 and a 12 month high of $50.79. The business’s 50 day moving average is $50.49 and its two-hundred day moving average is $50.57. The company has a market cap of $40.02 billion, a PE ratio of 109.78 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.