Diversify Wealth Management LLC Has $12.29 Million Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Diversify Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 51.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 243,018 shares of the company’s stock after acquiring an additional 82,761 shares during the period. Diversify Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,294,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Nicholson Meyer Capital Management Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 0.9% in the 1st quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock valued at $1,128,000 after acquiring an additional 202 shares in the last quarter. Lakeridge Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 4.5% during the 4th quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock worth $241,000 after purchasing an additional 206 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings 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 holdings 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. Finally, Whipplewood Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 1.2% in the first quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock worth $936,000 after purchasing an additional 227 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock remained flat at $50.45 during trading hours on Friday. The stock had a trading volume of 7,859,971 shares, compared to its average volume of 6,763,187. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.39 and a 52 week high of $50.79. The firm has a 50 day moving average of $50.50 and a two-hundred day moving average of $50.58. The company has a market capitalization of $39.78 billion, a P/E ratio of 109.67 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.