Thompson Davis & CO. Inc. Raises Holdings in JPMorgan Ultra-Short Income ETF $JPST

Thompson Davis & CO. Inc. increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 46.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,999 shares of the company’s stock after purchasing an additional 13,086 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 1.1% of Thompson Davis & CO. Inc.’s portfolio, making the stock its 8th biggest holding. Thompson Davis & CO. Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,078,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JPST. Strategent Financial LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the 2nd quarter. Strategent Financial LLC now owns 349,122 shares of the company’s stock valued at $17,694,000 after acquiring an additional 4,657 shares in the last quarter. San Luis Wealth Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 36.1% during the 2nd quarter. San Luis Wealth Advisors LLC now owns 674,498 shares of the company’s stock worth $34,184,000 after purchasing an additional 179,002 shares in the last quarter. Tiemann Investment Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 9.3% during the 1st quarter. Tiemann Investment Advisors LLC now owns 135,537 shares of the company’s stock valued at $6,862,000 after purchasing an additional 11,570 shares during the period. Clear Point Advisors Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.1% in the second quarter. Clear Point Advisors Inc. now owns 64,613 shares of the company’s stock valued at $3,275,000 after purchasing an additional 1,920 shares in the last quarter. Finally, Plotkin Financial Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 16.6% in the second quarter. Plotkin Financial Advisors LLC now owns 104,738 shares of the company’s stock valued at $5,308,000 after purchasing an additional 14,939 shares in the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.64 on Friday. The company has a market capitalization of $34.20 billion, a price-to-earnings ratio of 110.09 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.78. The stock’s fifty day simple moving average is $50.67 and its 200-day simple moving average is $50.63.

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.