JPMorgan Ultra-Short Income ETF $JPST Stock Position Lifted by Cahaba Wealth Management Inc.

Cahaba Wealth Management Inc. lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 403,114 shares of the company’s stock after acquiring an additional 30,833 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 1.4% of Cahaba Wealth Management Inc.’s holdings, making the stock its 15th largest position. Cahaba Wealth Management Inc. owned 0.05% of JPMorgan Ultra-Short Income ETF worth $20,402,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Frankly Finances LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at about $72,000. Axxcess Wealth Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 20.5% during the first quarter. Axxcess Wealth Management LLC now owns 2,320,042 shares of the company’s stock worth $117,417,000 after acquiring an additional 394,890 shares during the period. Investment Advisory Services Group LLC raised its stake in JPMorgan Ultra-Short Income ETF by 2.0% during the first quarter. Investment Advisory Services Group LLC now owns 190,301 shares of the company’s stock worth $9,631,000 after acquiring an additional 3,759 shares during the period. Red Mountain Financial LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 0.9% in the first quarter. Red Mountain Financial LLC now owns 40,031 shares of the company’s stock worth $2,026,000 after acquiring an additional 342 shares during the last quarter. Finally, Arbor Investment Advisors LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 7.0% in the first quarter. Arbor Investment Advisors LLC now owns 443,066 shares of the company’s stock worth $22,424,000 after acquiring an additional 28,881 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST stock opened at $50.44 on Thursday. The company has a market cap of $39.69 billion, a P/E ratio of 109.65 and a beta of 0.01. The business has a 50 day moving average of $50.50 and a two-hundred day moving average of $50.58. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.39 and a 52 week high of $50.79.

JPMorgan Ultra-Short Income ETF Company 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.