JPMorgan Ultra-Short Income ETF $JPST Position Raised by Faithward Advisors LLC

Faithward Advisors LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 64.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,535 shares of the company’s stock after purchasing an additional 11,626 shares during the period. Faithward Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,495,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cardiff Park Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $25,000. Jackson Hole Capital Partners LLC bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $28,000. MGB Wealth Management LLC bought a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at about $30,000. Sittner & Nelson LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $30,000. Finally, Motiv8 Investments LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $32,000. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.52 on Wednesday. The company’s 50-day moving average price is $50.52 and its two-hundred day moving average price is $50.59. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.41 and a 52 week high of $50.79. The stock has a market cap of $37.55 billion, a PE ratio of 109.83 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.