Fifth Third Bancorp Acquires 60,931 Shares of JPMorgan Ultra-Short Income ETF $JPST

Fifth Third Bancorp grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,231,577 shares of the company’s stock after buying an additional 60,931 shares during the quarter. Fifth Third Bancorp owned 0.26% of JPMorgan Ultra-Short Income ETF worth $112,405,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Advisor Resource Council boosted its holdings in JPMorgan Ultra-Short Income ETF by 16.8% during the 3rd quarter. Advisor Resource Council now owns 18,040 shares of the company’s stock valued at $906,000 after acquiring an additional 2,590 shares during the period. International Private Wealth Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $580,000. Brooklyn FI LLC grew its position in JPMorgan Ultra-Short Income ETF by 18.9% during the 3rd quarter. Brooklyn FI LLC now owns 103,763 shares of the company’s stock worth $5,215,000 after acquiring an additional 16,466 shares during the last quarter. Confluence Wealth Services Inc. grew its position in JPMorgan Ultra-Short Income ETF by 5.4% during the 3rd quarter. Confluence Wealth Services Inc. now owns 44,058 shares of the company’s stock worth $2,219,000 after acquiring an additional 2,249 shares during the last quarter. Finally, Moneco Advisors LLC increased its stake in JPMorgan Ultra-Short Income ETF by 4.3% in the 3rd quarter. Moneco Advisors LLC now owns 58,510 shares of the company’s stock worth $2,947,000 after purchasing an additional 2,414 shares during the period. Hedge funds and other institutional investors 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 $50.28 on Thursday. The business’s 50 day simple moving average is $50.33 and its two-hundred day simple moving average is $50.49. The stock has a market capitalization of $42.50 billion, a P/E ratio of 109.30 and a beta of 0.02. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79.

JPMorgan Ultra-Short Income ETF Company 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.