Greenwood Gearhart LLC Boosts Holdings in JPMorgan Ultra-Short Income ETF $JPST

Greenwood Gearhart LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,739,531 shares of the company’s stock after purchasing an additional 151,747 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 4.8% of Greenwood Gearhart LLC’s holdings, making the stock its 5th biggest holding. Greenwood Gearhart LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $88,038,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Millennium Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 23.0% in the first quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock valued at $12,575,000 after buying an additional 46,400 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $3,603,000. EverSource Wealth Advisors LLC raised its stake in shares of 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 valued at $50,000 after acquiring an additional 496 shares during the last quarter. First Trust Advisors LP acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $203,000. Finally, Brown Advisory Inc. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.6% in the 2nd quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock worth $310,000 after acquiring an additional 431 shares in the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.50 on Monday. The stock’s 50 day simple moving average is $50.49 and its 200 day simple moving average is $50.57. JPMorgan Ultra-Short Income ETF has a one year low of $50.39 and a one year high of $50.79. The firm has a market cap of $40.02 billion, a PE ratio of 109.78 and a beta of 0.01.

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.