JPMorgan Ultra-Short Income ETF $JPST Stock Position Lifted by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 579,633 shares of the company’s stock after acquiring an additional 20,736 shares during the period. JPMorgan Ultra-Short Income ETF makes up 1.3% of Capital Asset Advisory Services LLC’s investment portfolio, making the stock its 25th largest position. Capital Asset Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $29,405,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in JPST. Temasek Holdings Private Ltd acquired a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth $842,655,000. Bank of America Corp DE lifted its position in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after buying an additional 2,162,615 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 22.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after buying an additional 1,265,522 shares during the period. RiverFront Investment Group LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 941.7% during the 2nd quarter. RiverFront Investment Group LLC now owns 1,258,877 shares of the company’s stock valued at $63,800,000 after buying an additional 1,138,031 shares during the last quarter. Finally, Foster Dykema Cabot & Partners LLC raised its stake in JPMorgan Ultra-Short Income ETF by 42.2% during the second quarter. Foster Dykema Cabot & Partners LLC now owns 3,814,842 shares of the company’s stock worth $193,336,000 after acquiring an additional 1,132,264 shares during the period. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

Shares of JPST stock opened at $50.67 on Tuesday. The company has a market cap of $34.22 billion, a P/E ratio of 110.15 and a beta of 0.01. The business has a 50 day moving average of $50.67 and a two-hundred day moving average of $50.63. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78.

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.