Arrowroot Family Office LLC Raises Holdings in JPMorgan Ultra-Short Income ETF $JPST

Arrowroot Family Office LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,420 shares of the company’s stock after purchasing an additional 10,288 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 1.7% of Arrowroot Family Office LLC’s holdings, making the stock its 17th biggest position. Arrowroot Family Office LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,625,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the stock. Cardiff Park Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at $25,000. Jackson Hole Capital Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $28,000. MGB Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $30,000. Sittner & Nelson LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $30,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

JPST stock opened at $50.41 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.41 and a 52-week high of $50.79. The stock’s fifty day simple moving average is $50.52 and its 200-day simple moving average is $50.61. The stock has a market capitalization of $37.47 billion, a price-to-earnings ratio of 109.59 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.