JPMorgan Ultra-Short Income ETF $JPST Stock Holdings Increased by Arbor Investment Advisors LLC

Arbor Investment Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.0% in the first quarter, HoldingsChannel reports. The fund owned 443,066 shares of the company’s stock after buying an additional 28,881 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 2.9% of Arbor Investment Advisors LLC’s portfolio, making the stock its 11th largest holding. Arbor Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $22,424,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 10.1% in the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after buying an additional 9,729,791 shares in the last quarter. Morgan Stanley raised its position in JPMorgan Ultra-Short Income ETF by 2.4% in the fourth quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock worth $3,109,705,000 after acquiring an additional 1,449,509 shares in the last quarter. LPL Financial LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after acquiring an additional 1,459,312 shares during the last quarter. Bank of America Corp DE lifted its holdings in JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after acquiring an additional 2,162,615 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock valued at $579,023,000 after purchasing an additional 194,855 shares in the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.42 on Monday. The firm’s 50 day moving average is $50.51 and its 200-day moving average is $50.58. The stock has a market capitalization of $39.27 billion, a P/E ratio of 109.61 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79.

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.