SkyOak Wealth LLC Has $25.80 Million Stock Position in JPMorgan Ultra-Short Income ETF $JPST

SkyOak Wealth LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 508,568 shares of the company’s stock after purchasing an additional 10,729 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 4.9% of SkyOak Wealth LLC’s investment portfolio, making the stock its biggest position. SkyOak Wealth LLC owned about 0.08% of JPMorgan Ultra-Short Income ETF worth $25,800,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in JPST. Chelsea Counsel Co. acquired a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at approximately $25,000. Brentview Investment Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $35,000. Silicon Valley Capital Partners bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $37,000. American National Bank & Trust acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at $38,000. Finally, Frazier Financial Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth $41,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.62 on Wednesday. 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 $35.42 billion, a PE ratio of 110.04 and a beta of 0.01. The company’s fifty day moving average price is $50.66 and its two-hundred day moving average price is $50.65.

About JPMorgan Ultra-Short Income ETF

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.