JPMorgan Ultra-Short Income ETF $JPST Stock Position Lifted by Canvas Wealth Advisors LLC

Canvas Wealth Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 57.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 93,694 shares of the company’s stock after acquiring an additional 34,161 shares during the period. Canvas Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,723,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Adventist Health System Sunbelt Healthcare Corp raised its position in JPMorgan Ultra-Short Income ETF by 215.9% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock valued at $142,290,000 after buying an additional 1,921,600 shares during the last quarter. Fluent Financial LLC grew its position in JPMorgan Ultra-Short Income ETF by 454.3% in the 3rd quarter. Fluent Financial LLC now owns 1,217,803 shares of the company’s stock worth $61,341,000 after purchasing an additional 998,097 shares in the last quarter. Kensington Asset Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 71.7% in the 1st quarter. Kensington Asset Management LLC now owns 1,994,639 shares of the company’s stock valued at $100,949,000 after buying an additional 832,640 shares during the last quarter. HighTower Advisors LLC increased its stake in JPMorgan Ultra-Short Income ETF by 50.0% in the 2nd quarter. HighTower Advisors LLC now owns 1,988,463 shares of the company’s stock valued at $100,557,000 after buying an additional 662,886 shares during the last quarter. Finally, Ridgepath Capital Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 214.7% during the 1st quarter. Ridgepath Capital Management LLC now owns 938,877 shares of the company’s stock worth $47,517,000 after buying an additional 640,542 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST traded up $0.02 during midday trading on Friday, reaching $50.30. The company’s stock had a trading volume of 9,167,335 shares, compared to its average volume of 6,954,212. The stock has a market capitalization of $42.55 billion, a P/E ratio of 109.35 and a beta of 0.02. The firm has a 50 day moving average price of $50.34 and a 200-day moving average price of $50.49. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.79.

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.