JPMorgan Ultra-Short Income ETF $JPST Position Increased by Mayfair Advisory Group LLC

Mayfair Advisory Group LLC lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 28.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,167 shares of the company’s stock after purchasing an additional 18,062 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 1.2% of Mayfair Advisory Group LLC’s portfolio, making the stock its 20th largest position. Mayfair Advisory Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,139,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of JPST. HB Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 5.4% during the second quarter. HB Wealth Management LLC now owns 10,065,428 shares of the company’s stock worth $506,509,000 after buying an additional 514,497 shares in the last quarter. Royal Bank of Canada increased its holdings in JPMorgan Ultra-Short Income ETF by 11.1% in the 1st quarter. Royal Bank of Canada now owns 5,372,821 shares of the company’s stock valued at $271,917,000 after buying an additional 534,875 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 7.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,647,775 shares of the company’s stock valued at $184,468,000 after buying an additional 245,314 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of JPMorgan Ultra-Short Income ETF by 10.2% in the 1st quarter. Cetera Investment Advisers now owns 3,377,302 shares of the company’s stock valued at $170,925,000 after buying an additional 312,033 shares in the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp raised its stake in shares of JPMorgan Ultra-Short Income ETF by 215.9% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock valued at $142,290,000 after buying an additional 1,921,600 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.34 on Tuesday. The company has a 50-day moving average of $50.39 and a 200-day moving average of $50.46. The company has a market capitalization of $42.52 billion, a price-to-earnings ratio of 109.43 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.79.

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.