JPMorgan Ultra-Short Income ETF $JPST Stock Acquired by Enclave Advisors LLC

Enclave Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.2% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 192,699 shares of the company’s stock after purchasing an additional 16,199 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 1.2% of Enclave Advisors LLC’s holdings, making the stock its 25th biggest position. Enclave Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,706,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of JPST. JM2 Capital Inc. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 9.2% in the third quarter. JM2 Capital Inc. now owns 37,986 shares of the company’s stock valued at $1,913,000 after buying an additional 3,196 shares during the period. Stone Summit Wealth LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 9.7% during the third quarter. Stone Summit Wealth LLC now owns 7,479 shares of the company’s stock worth $377,000 after acquiring an additional 659 shares in the last quarter. Lighthouse Wealth Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $234,000. Salem Investment Counselors Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.4% during the third quarter. Salem Investment Counselors Inc. now owns 82,615 shares of the company’s stock worth $4,161,000 after acquiring an additional 315 shares during the period. Finally, B. Riley Wealth Advisors Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 99.9% during the third quarter. B. Riley Wealth Advisors Inc. now owns 240,441 shares of the company’s stock worth $12,111,000 after acquiring an additional 120,151 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPST opened at $50.31 on Wednesday. The stock has a market capitalization of $42.44 billion, a P/E ratio of 109.37 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79. The firm’s fifty day simple moving average is $50.40 and its 200 day simple moving average is $50.47.

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.