Edgestream Partners L.P. Has $4.95 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Edgestream Partners L.P. boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 47.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 97,700 shares of the company’s stock after buying an additional 31,500 shares during the period. Edgestream Partners L.P.’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,951,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Brentview Investment Management LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $35,000. Everstar Asset Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 42.2% during the second quarter. Everstar Asset Management LLC now owns 15,746 shares of the company’s stock worth $798,000 after buying an additional 4,672 shares during the period. VestGen Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 68.0% during the second quarter. VestGen Advisors LLC now owns 19,771 shares of the company’s stock worth $1,000,000 after buying an additional 8,002 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in JPMorgan Ultra-Short Income ETF by 27.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,823,169 shares of the company’s stock valued at $244,438,000 after buying an additional 1,044,337 shares during the last quarter. Finally, Johnson Financial Group Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 11.1% in the 2nd quarter. Johnson Financial Group Inc. now owns 118,759 shares of the company’s stock valued at $6,019,000 after acquiring an additional 11,842 shares in the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

NYSEARCA:JPST opened at $50.59 on Wednesday. The company has a market cap of $34.17 billion, a P/E ratio of 109.98 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.78. The business has a 50 day moving average price of $50.68 and a two-hundred day moving average price of $50.62.

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.