Apella Capital LLC Raises Holdings in JPMorgan Ultra-Short Income ETF $JPST

Apella Capital LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 226.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 178,320 shares of the company’s stock after acquiring an additional 123,776 shares during the quarter. Apella Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,016,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Lakeridge Wealth Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 4.5% during the fourth quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock worth $241,000 after acquiring an additional 206 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 2.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock worth $434,000 after purchasing an additional 221 shares in the last quarter. Lantern Wealth Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 5.0% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock worth $240,000 after purchasing an additional 226 shares in the last quarter. Keel Point LLC raised 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. Finally, Atticus Wealth Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 3.2% in the fourth quarter. Atticus Wealth Management LLC now owns 7,897 shares of the company’s stock valued at $399,000 after buying an additional 243 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST stock opened at $50.53 on Thursday. The stock has a market cap of $37.56 billion, a price-to-earnings ratio of 109.85 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.41 and a fifty-two week high of $50.79. The firm’s 50 day moving average price is $50.52 and its two-hundred day moving average price is $50.59.

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.