Daymark Wealth Partners LLC Purchases 17,917 Shares of JPMorgan Ultra-Short Income ETF $JPST

Daymark Wealth Partners LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 152,767 shares of the company’s stock after purchasing an additional 17,917 shares during the quarter. Daymark Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,750,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JPST. Centurion Wealth Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 2.0% during the 2nd quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock worth $515,000 after purchasing an additional 200 shares during the last quarter. Kathleen S. Wright Associates Inc. grew its position in shares of JPMorgan Ultra-Short Income ETF by 2.3% during the 2nd quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock worth $497,000 after buying an additional 220 shares during the period. Sax Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the 3rd quarter. Sax Wealth Advisors LLC now owns 8,306 shares of the company’s stock worth $421,000 after buying an additional 220 shares during the period. Daner Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 1.1% during the third quarter. Daner Wealth Management LLC now owns 21,885 shares of the company’s stock worth $1,110,000 after buying an additional 236 shares during the last quarter. Finally, Keel Point LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 1.4% in the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock valued at $862,000 after buying an additional 239 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.62 on Monday. The firm’s 50 day moving average price is $50.67 and its two-hundred day moving average price is $50.65. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.78. The stock has a market cap of $35.42 billion, a PE ratio of 110.04 and a beta of 0.01.

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.