Bristlecone Advisors LLC Has $17.50 Million Holdings in JPMorgan Ultra-Short Income ETF $JPST

Bristlecone Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 24.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 344,989 shares of the company’s stock after buying an additional 68,562 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 1.5% of Bristlecone Advisors LLC’s portfolio, making the stock its 19th largest position. Bristlecone Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $17,501,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in JPST. Brentview Investment Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $35,000. Silicon Valley Capital Partners acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth $37,000. American National Bank & Trust acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth $38,000. Frazier Financial Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at $41,000. Finally, Quaker Wealth Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 173.1% during the second quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock valued at $41,000 after buying an additional 1,906 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Down 0.0%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.63 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.78. The company has a market cap of $35.86 billion, a P/E ratio of 110.07 and a beta of 0.01. The stock has a 50-day moving average price of $50.66 and a 200 day moving average price of $50.65.

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.