Dynamic Advisor Solutions LLC Purchases 51,708 Shares of JPMorgan Ultra-Short Income ETF $JPST

Dynamic Advisor Solutions LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 654,851 shares of the company’s stock after buying an additional 51,708 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 0.9% of Dynamic Advisor Solutions LLC’s portfolio, making the stock its 17th biggest position. Dynamic Advisor Solutions LLC owned about 0.08% of JPMorgan Ultra-Short Income ETF worth $33,116,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Cardiff Park Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $25,000. Jackson Hole Capital Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter worth $28,000. Sittner & Nelson LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter worth $30,000. Motiv8 Investments LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter worth $32,000. Finally, TD Private Client Wealth LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 89.1% in the fourth quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock worth $38,000 after purchasing an additional 350 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

NYSEARCA JPST opened at $50.41 on Thursday. The company has a 50-day simple moving average of $50.48 and a two-hundred day simple moving average of $50.55. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79. The firm has a market cap of $40.31 billion, a price-to-earnings ratio of 109.59 and a beta of 0.01.

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.