JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Evolve Private Wealth LLC

Evolve Private Wealth LLC raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 210.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,514 shares of the company’s stock after purchasing an additional 11,876 shares during the period. Evolve Private Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $886,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Millennium Management LLC lifted its stake 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 worth $12,575,000 after acquiring an additional 46,400 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at approximately $3,603,000. EverSource Wealth Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 99.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock valued at $50,000 after purchasing an additional 496 shares during the last quarter. First Trust Advisors LP acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $203,000. Finally, Brown Advisory Inc. raised 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 valued at $310,000 after purchasing an additional 431 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

JPMorgan Ultra-Short Income ETF stock opened at $50.52 on Wednesday. The stock has a market cap of $37.55 billion, a P/E ratio of 109.83 and a beta of 0.01. The company has a fifty day simple moving average of $50.52 and a 200-day simple moving average of $50.59. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.41 and a 12-month high of $50.79.

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.