JPMorgan Ultra-Short Income ETF $JPST is AdvisorNet Financial Inc’s 4th Largest Position

AdvisorNet Financial Inc lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 801,965 shares of the company’s stock after purchasing an additional 59,774 shares during the period. JPMorgan Ultra-Short Income ETF comprises 2.1% of AdvisorNet Financial Inc’s holdings, making the stock its 4th biggest position. AdvisorNet Financial Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $40,587,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JPST. Mezzasalma Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 70.9% during the fourth quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock worth $4,082,000 after acquiring an additional 33,446 shares during the period. Webster Bank N. A. lifted its holdings in JPMorgan Ultra-Short Income ETF by 27.0% in the fourth quarter. Webster Bank N. A. now owns 107,339 shares of the company’s stock valued at $5,430,000 after acquiring an additional 22,815 shares during the period. Greenberg Financial Group purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $1,544,000. Buck Wealth Strategies LLC boosted its position in JPMorgan Ultra-Short Income ETF by 7.3% in the 4th quarter. Buck Wealth Strategies LLC now owns 283,986 shares of the company’s stock worth $14,367,000 after purchasing an additional 19,402 shares in the last quarter. Finally, Optima Capital LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $3,485,000. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.48 on Tuesday. JPMorgan Ultra-Short Income ETF has a one year low of $50.41 and a one year high of $50.79. The firm’s fifty day moving average is $50.51 and its 200 day moving average is $50.59. The firm has a market cap of $37.52 billion, a PE ratio of 109.74 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.