YHB Investment Advisors Inc. Boosts Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

YHB Investment Advisors Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 75.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 290,951 shares of the company’s stock after acquiring an additional 125,391 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 1.1% of YHB Investment Advisors Inc.’s investment portfolio, making the stock its 25th biggest position. YHB Investment Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $14,760,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of JPST. Chelsea Counsel Co. bought a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at $25,000. Brentview Investment Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $35,000. Silicon Valley Capital Partners purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $37,000. Frazier Financial Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $41,000. Finally, Quaker Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 173.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock valued at $41,000 after acquiring an additional 1,906 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST stock opened at $50.69 on Friday. The company has a 50 day moving average price of $50.67 and a 200-day moving average price of $50.63. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78. The firm has a market capitalization of $34.24 billion, a PE ratio of 110.20 and a beta of 0.01.

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.