JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by HBW Advisory Services LLC

HBW Advisory Services LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 25.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 199,431 shares of the company’s stock after buying an additional 40,338 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 1.1% of HBW Advisory Services LLC’s holdings, making the stock its 16th biggest position. HBW Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,117,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hershey Financial Advisers LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $3,946,000. Crane Advisory LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 4.0% in the 3rd quarter. Crane Advisory LLC now owns 1,477,574 shares of the company’s stock worth $74,780,000 after acquiring an additional 56,362 shares in the last quarter. Strategent Financial LLC raised its position in JPMorgan Ultra-Short Income ETF by 1.4% during the second quarter. Strategent Financial LLC now owns 349,122 shares of the company’s stock worth $17,694,000 after acquiring an additional 4,657 shares during the period. San Luis Wealth Advisors LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 36.1% during the second quarter. San Luis Wealth Advisors LLC now owns 674,498 shares of the company’s stock valued at $34,184,000 after purchasing an additional 179,002 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at about $7,715,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPST stock opened at $50.75 on Friday. 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 50-day simple moving average of $50.67 and a 200-day simple moving average of $50.64. The stock has a market capitalization of $34.28 billion, a P/E ratio of 110.33 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.