JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 224.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 676,769 shares of the company’s stock after purchasing an additional 468,198 shares during the period. Thrivent Financial for Lutherans’ holdings in JPMorgan Ultra-Short Income ETF were worth $34,299,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of JPST. Silverlake Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 7.6% in the 2nd quarter. Silverlake Wealth Management LLC now owns 85,594 shares of the company’s stock worth $4,338,000 after acquiring an additional 6,050 shares in the last quarter. Carter Financial Group INC. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at about $1,797,000. TT Capital Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at about $214,000. Thompson Davis & CO. Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 46.9% during the second quarter. Thompson Davis & CO. Inc. now owns 40,999 shares of the company’s stock worth $2,078,000 after purchasing an additional 13,086 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $7,715,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.67 on Tuesday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.78. The firm has a market capitalization of $34.22 billion, a PE ratio of 110.15 and a beta of 0.01. The firm’s 50-day moving average price is $50.67 and its 200 day moving average price is $50.63.

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.