Concurrent Investment Advisors LLC Raises Holdings in JPMorgan Ultra-Short Income ETF $JPST

Concurrent Investment Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 170,594 shares of the company’s stock after acquiring an additional 13,766 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,627,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Nicholson Meyer Capital Management Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.9% during the 1st quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock worth $1,128,000 after purchasing an additional 202 shares during the period. EverSource Wealth Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 2.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock valued at $434,000 after buying an additional 221 shares during the period. Whipplewood Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 1.2% in the first quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock valued at $936,000 after buying an additional 227 shares during the period. Vista Cima Wealth Management LLC lifted its position in JPMorgan Ultra-Short Income ETF by 0.7% during the second quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock valued at $1,766,000 after buying an additional 239 shares in the last quarter. Finally, Keel Point LLC lifted its position in JPMorgan Ultra-Short Income ETF by 1.4% during the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock valued at $862,000 after buying an additional 239 shares in the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.39 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.35 and a 52-week high of $50.79. The company has a 50 day moving average of $50.48 and a two-hundred day moving average of $50.52. The company has a market cap of $40.29 billion, a P/E ratio of 109.54 and a beta of 0.01.

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.