Sanctuary Advisors LLC Has $7.66 Million Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Sanctuary Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 151,261 shares of the company’s stock after buying an additional 10,638 shares during the quarter. Sanctuary Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,655,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Millennium Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 23.0% during the 1st quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock worth $12,575,000 after buying an additional 46,400 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at about $3,603,000. EverSource Wealth Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 99.6% during the second quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock worth $50,000 after acquiring an additional 496 shares in the last quarter. First Trust Advisors LP bought a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth about $203,000. Finally, Brown Advisory Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 7.6% during the second quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock valued at $310,000 after purchasing an additional 431 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.50 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79. The stock has a market cap of $40.02 billion, a P/E ratio of 109.78 and a beta of 0.01. The business’s 50 day moving average is $50.49 and its 200-day moving average is $50.57.

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.