Crane Advisory LLC Raises Holdings in JPMorgan Ultra-Short Income ETF $JPST

Crane Advisory LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.0% in the 3rd quarter, Holdings Channel reports. The firm owned 1,477,574 shares of the company’s stock after acquiring an additional 56,362 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 11.8% of Crane Advisory LLC’s holdings, making the stock its 4th biggest position. Crane Advisory LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $74,780,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Keeley Teton Advisors LLC boosted its position in JPMorgan Ultra-Short Income ETF by 66.9% during the 1st quarter. Keeley Teton Advisors LLC now owns 70,820 shares of the company’s stock valued at $3,586,000 after purchasing an additional 28,390 shares during the period. Per Stirling Capital Management LLC. lifted its stake in JPMorgan Ultra-Short Income ETF by 9.9% in the first quarter. Per Stirling Capital Management LLC. now owns 100,693 shares of the company’s stock valued at $5,098,000 after buying an additional 9,093 shares during the last quarter. CreativeOne Wealth LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 84.2% during the first quarter. CreativeOne Wealth LLC now owns 19,834 shares of the company’s stock valued at $1,004,000 after acquiring an additional 9,067 shares during the period. Paces Ferry Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 3.7% during the first quarter. Paces Ferry Wealth Advisors LLC now owns 216,860 shares of the company’s stock worth $10,980,000 after acquiring an additional 7,661 shares during the last quarter. Finally, D L Carlson Investment Group Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 26.8% in the 1st quarter. D L Carlson Investment Group Inc. now owns 44,615 shares of the company’s stock worth $2,259,000 after acquiring an additional 9,430 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.70 on Wednesday. The company’s 50-day moving average price is $50.67 and its 200 day moving average price is $50.64. The company has a market cap of $34.24 billion, a PE ratio of 110.22 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.78.

JPMorgan Ultra-Short Income ETF Company 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.