JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 19.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,144,116 shares of the company’s stock after purchasing an additional 184,588 shares during the period. JPMorgan Ultra-Short Income ETF comprises 2.1% of Capital Asset Advisory Services LLC’s investment portfolio, making the stock its 13th biggest position. Capital Asset Advisory Services LLC owned approximately 0.15% of JPMorgan Ultra-Short Income ETF worth $57,858,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nicholson Meyer Capital Management Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 0.9% during the first quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock worth $1,128,000 after purchasing an additional 202 shares in the last quarter. Lakeridge Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 4.5% in the fourth quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock valued at $241,000 after buying an additional 206 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 2.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock valued at $434,000 after buying an additional 221 shares in the last quarter. Lantern Wealth Advisors LLC raised its stake in shares of 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 buying an additional 226 shares during the last quarter. Finally, Keel Point LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 1.4% during the 2nd quarter. Keel Point LLC now owns 17,002 shares of the company’s stock worth $862,000 after buying an additional 239 shares during the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Down 0.3%

JPMorgan Ultra-Short Income ETF stock opened at $50.40 on Thursday. The firm has a market capitalization of $39.15 billion, a PE ratio of 109.57 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.39 and a 52 week high of $50.79. The firm’s 50-day simple moving average is $50.52 and its 200 day simple moving average is $50.59.

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.