StrongBox Wealth LLC lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 6.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 655,672 shares of the company’s stock after purchasing an additional 37,285 shares during the period. JPMorgan Ultra-Short Income ETF makes up 8.8% of StrongBox Wealth LLC’s holdings, making the stock its biggest holding. StrongBox Wealth LLC owned approximately 0.08% of JPMorgan Ultra-Short Income ETF worth $33,026,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in the business. HB Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 5.4% during the 2nd quarter. HB Wealth Management LLC now owns 10,065,428 shares of the company’s stock worth $506,509,000 after buying an additional 514,497 shares in the last quarter. Royal Bank of Canada grew its stake in shares of JPMorgan Ultra-Short Income ETF by 11.1% in the first quarter. Royal Bank of Canada now owns 5,372,821 shares of the company’s stock worth $271,917,000 after acquiring an additional 534,875 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 7.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,647,775 shares of the company’s stock worth $184,468,000 after acquiring an additional 245,314 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of JPMorgan Ultra-Short Income ETF by 10.2% in the first quarter. Cetera Investment Advisers now owns 3,377,302 shares of the company’s stock worth $170,925,000 after acquiring an additional 312,033 shares in the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp increased its position in shares of JPMorgan Ultra-Short Income ETF by 215.9% during the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after acquiring an additional 1,921,600 shares during the period. 2.17% of the stock is owned by hedge funds and other institutional investors.
JPMorgan Ultra-Short Income ETF Trading Up 0.0%
JPMorgan Ultra-Short Income ETF stock opened at $50.28 on Friday. The firm has a market capitalization of $42.50 billion, a P/E ratio of 109.30 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.79. The stock’s fifty day simple moving average is $50.35 and its 200-day simple moving average is $50.50.
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.
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