JPMorgan Ultra-Short Income ETF $JPST Stake Lifted by Weatherly Asset Management L. P.

Weatherly Asset Management L. P. grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 525,345 shares of the company’s stock after acquiring an additional 14,208 shares during the period. JPMorgan Ultra-Short Income ETF comprises 2.2% of Weatherly Asset Management L. P.’s investment portfolio, making the stock its 10th biggest position. Weatherly Asset Management L. P. owned approximately 0.07% of JPMorgan Ultra-Short Income ETF worth $26,588,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. John A. Wolfe & Associates Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter worth $63,540,000. Rockefeller Capital Management L.P. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 11.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 760,459 shares of the company’s stock valued at $38,472,000 after buying an additional 78,951 shares during the last quarter. Bank of New Hampshire lifted its position in shares of JPMorgan Ultra-Short Income ETF by 1.1% during the 4th quarter. Bank of New Hampshire now owns 120,094 shares of the company’s stock valued at $6,076,000 after buying an additional 1,339 shares during the last quarter. Lane Brothers & Co. Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth $16,791,000. Finally, World Investment Advisors grew its stake in shares of JPMorgan Ultra-Short Income ETF by 68.5% during the 4th quarter. World Investment Advisors now owns 40,713 shares of the company’s stock worth $2,060,000 after acquiring an additional 16,551 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.50 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.41 and a fifty-two week high of $50.79. The business has a 50-day moving average of $50.52 and a 200 day moving average of $50.59. The firm has a market cap of $37.53 billion, a P/E ratio of 109.78 and a beta of 0.01.

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.