Ellsworth Advisors LLC Grows Holdings in JPMorgan Ultra-Short Income ETF $JPST

Ellsworth Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1,153.0% in the third quarter, Holdings Channel reports. The firm owned 94,336 shares of the company’s stock after buying an additional 86,807 shares during the quarter. Ellsworth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,782,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of JPST. Weatherly Asset Management L. P. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.1% during the third quarter. Weatherly Asset Management L. P. now owns 506,364 shares of the company’s stock worth $25,688,000 after buying an additional 24,633 shares during the last quarter. PFS Partners LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 15.5% in the 3rd quarter. PFS Partners LLC now owns 5,730 shares of the company’s stock valued at $291,000 after purchasing an additional 769 shares during the last quarter. CRA Financial Services LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 10.2% in the 3rd quarter. CRA Financial Services LLC now owns 118,220 shares of the company’s stock valued at $5,997,000 after purchasing an additional 10,903 shares during the last quarter. Asio Capital LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 18.6% in the third quarter. Asio Capital LLC now owns 41,500 shares of the company’s stock valued at $2,105,000 after purchasing an additional 6,500 shares during the period. Finally, John W. Brooker & Co. CPAs raised its stake in shares of JPMorgan Ultra-Short Income ETF by 0.5% during the third quarter. John W. Brooker & Co. CPAs now owns 77,222 shares of the company’s stock worth $3,917,000 after purchasing an additional 347 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.75 on Friday. The stock has a market capitalization of $34.28 billion, a P/E ratio of 110.33 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.78. The company’s fifty day moving average is $50.67 and its two-hundred day moving average is $50.64.

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.