Stephens Inc. AR Increases Holdings in JPMorgan Ultra-Short Income ETF $JPST

Stephens Inc. AR lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 829,222 shares of the company’s stock after acquiring an additional 22,926 shares during the quarter. Stephens Inc. AR owned approximately 0.11% of JPMorgan Ultra-Short Income ETF worth $41,967,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Millennium Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 23.0% during the 1st quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock valued at $12,575,000 after purchasing an additional 46,400 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the first quarter worth $3,603,000. EverSource Wealth Advisors LLC grew its stake 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 worth $50,000 after purchasing an additional 496 shares during the period. First Trust Advisors LP bought a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth $203,000. Finally, Brown Advisory Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 7.6% during the second quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock valued at $310,000 after buying an additional 431 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.42 on Monday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.39 and a 12 month high of $50.79. The firm has a market capitalization of $39.27 billion, a P/E ratio of 109.61 and a beta of 0.01. The business has a fifty day simple moving average of $50.51 and a two-hundred day simple moving average of $50.58.

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.