Prosperitas Financial LLC Takes Position in JPMorgan Ultra-Short Income ETF $JPST

Prosperitas Financial LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 37,046 shares of the company’s stock, valued at approximately $1,874,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 8.8% during the third quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock valued at $4,907,764,000 after buying an additional 7,786,258 shares during the last quarter. Bank of America Corp DE grew its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after purchasing an additional 2,162,615 shares during the last quarter. UBS Group AG grew its stake in shares of JPMorgan Ultra-Short Income ETF by 5.9% in the fourth quarter. UBS Group AG now owns 9,469,398 shares of the company’s stock worth $479,057,000 after purchasing an additional 531,080 shares during the last quarter. HB Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 1.5% in the fourth quarter. HB Wealth Management LLC now owns 9,443,109 shares of the company’s stock worth $475,272,000 after purchasing an additional 140,546 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 3.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,086,795 shares of the company’s stock worth $358,734,000 after purchasing an additional 232,920 shares during the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.50 on Tuesday. The stock has a market capitalization of $37.53 billion, a PE ratio of 109.78 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.42 and a 1 year high of $50.79. The business’s 50-day moving average is $50.54 and its 200 day moving average is $50.63.

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.