JPMorgan Ultra-Short Income ETF $JPST is Cottage Street Advisors LLC’s 6th Largest Position

Cottage Street Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 32.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 171,808 shares of the company’s stock after purchasing an additional 41,926 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 3.8% of Cottage Street Advisors LLC’s holdings, making the stock its 6th largest holding. Cottage Street Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,695,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Millennium Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 23.0% during the first quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock valued at $12,575,000 after acquiring an additional 46,400 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in JPMorgan Ultra-Short Income ETF in the first quarter valued at $3,603,000. EverSource Wealth Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 99.6% in the second quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock valued at $50,000 after acquiring an additional 496 shares in the last quarter. First Trust Advisors LP purchased a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $203,000. Finally, Brown Advisory Inc. increased its position in JPMorgan Ultra-Short Income ETF by 7.6% during the 2nd quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock valued at $310,000 after purchasing an additional 431 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of NYSEARCA JPST opened at $50.55 on Friday. The firm has a fifty day simple moving average of $50.52 and a two-hundred day simple moving average of $50.59. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.41 and a 12 month high of $50.79. The firm has a market capitalization of $37.57 billion, a PE ratio of 109.89 and a beta of 0.01.

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.