HBW Advisory Services LLC Purchases 10,990 Shares of JPMorgan Ultra-Short Income ETF $JPST

HBW Advisory Services LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 228,084 shares of the company’s stock after acquiring an additional 10,990 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 1.2% of HBW Advisory Services LLC’s holdings, making the stock its 13th biggest position. HBW Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,543,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of JPST. Cardiff Park Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $25,000. Jackson Hole Capital Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth $28,000. Sittner & Nelson LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $30,000. Motiv8 Investments LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $32,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $38,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.44 on Tuesday. The business’s 50-day moving average is $50.49 and its 200 day moving average is $50.57. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.39 and a 1 year high of $50.79. The firm has a market capitalization of $39.78 billion, a P/E ratio of 109.65 and a beta of 0.01.

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.