Continuum Advisory LLC Has $4 Million Holdings in JPMorgan Ultra-Short Income ETF $JPST

Continuum Advisory LLC grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 143.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 79,031 shares of the company’s stock after acquiring an additional 46,557 shares during the period. Continuum Advisory LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,000,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Mezzasalma Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 70.9% in the fourth quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock worth $4,082,000 after purchasing an additional 33,446 shares during the last quarter. Webster Bank N. A. raised its position in JPMorgan Ultra-Short Income ETF by 27.0% during the 4th quarter. Webster Bank N. A. now owns 107,339 shares of the company’s stock worth $5,430,000 after purchasing an additional 22,815 shares during the last quarter. Buck Wealth Strategies LLC raised its position in JPMorgan Ultra-Short Income ETF by 7.3% during 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 during the last quarter. Greenberg Financial Group acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $1,544,000. Finally, Optima Capital LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $3,485,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.57 on Monday. The firm has a market capitalization of $37.59 billion, a PE ratio of 109.93 and a beta of 0.01. The business’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 12 month low of $50.41 and a 12 month high of $50.79.

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.