Parallel Advisors LLC Buys 15,566 Shares of JPMorgan Ultra-Short Income ETF $JPST

Parallel Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 95.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,896 shares of the company’s stock after acquiring an additional 15,566 shares during the period. Parallel Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,614,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. J.W. Cole Advisors Inc. grew its position in JPMorgan Ultra-Short Income ETF by 5.3% during the fourth quarter. J.W. Cole Advisors Inc. now owns 252,466 shares of the company’s stock valued at $12,239,000 after buying an additional 12,600 shares during the period. Vista Cima Wealth Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 7.0% during the fourth quarter. Vista Cima Wealth Management LLC now owns 39,821 shares of the company’s stock valued at $2,015,000 after buying an additional 2,611 shares during the period. Vise Technologies Inc. grew its position in JPMorgan Ultra-Short Income ETF by 107.7% during the fourth quarter. Vise Technologies Inc. now owns 56,253 shares of the company’s stock valued at $2,846,000 after buying an additional 29,171 shares during the period. Sittner & Nelson LLC bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $30,000. Finally, Verus Capital Partners LLC grew its position in JPMorgan Ultra-Short Income ETF by 236.7% during the fourth quarter. Verus Capital Partners LLC now owns 46,694 shares of the company’s stock valued at $2,362,000 after buying an additional 32,826 shares during the period. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.41 on Friday. The firm has a market cap of $37.47 billion, a P/E ratio of 109.59 and a beta of 0.01. The firm has a 50-day moving average of $50.52 and a 200 day moving average of $50.61. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.41 and a fifty-two week high of $50.79.

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.