JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Fluent Financial LLC

Fluent Financial LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 454.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,217,803 shares of the company’s stock after acquiring an additional 998,097 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 22.1% of Fluent Financial LLC’s investment portfolio, making the stock its largest holding. Fluent Financial LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $61,341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Strengthening Families & Communities LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $28,000. Motiv8 Investments LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $32,000. Beacon Financial Strategies CORP bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $34,000. Allied Private Wealth LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $38,000. Finally, Rice Partnership LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 327.5% during the first quarter. Rice Partnership LLC now owns 855 shares of the company’s stock worth $43,000 after buying an additional 655 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST traded up $0.02 during trading hours on Tuesday, hitting $50.31. 7,443,774 shares of the stock were exchanged, compared to its average volume of 6,805,279. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.79. The business has a 50-day moving average of $50.40 and a 200-day moving average of $50.47. The firm has a market capitalization of $42.41 billion, a P/E ratio of 109.37 and a beta of 0.01.

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.