Rise Advisors LLC Buys 2,868 Shares of JPMorgan Ultra-Short Income ETF $JPST

Rise Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,909 shares of the company’s stock after purchasing an additional 2,868 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 0.8% of Rise Advisors LLC’s portfolio, making the stock its 16th largest holding. Rise Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,073,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the stock. Richard P Slaughter Associates Inc boosted its position in JPMorgan Ultra-Short Income ETF by 5.5% during the second quarter. Richard P Slaughter Associates Inc now owns 75,078 shares of the company’s stock worth $3,805,000 after purchasing an additional 3,939 shares during the period. Apella Capital LLC boosted its position in JPMorgan Ultra-Short Income ETF by 954.9% during the second quarter. Apella Capital LLC now owns 205,930 shares of the company’s stock worth $10,395,000 after purchasing an additional 186,409 shares during the period. Gallacher Capital Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 6.8% during the second quarter. Gallacher Capital Management LLC now owns 72,462 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,614 shares during the period. Parallel Advisors LLC boosted its position in JPMorgan Ultra-Short Income ETF by 2.9% during the second quarter. Parallel Advisors LLC now owns 16,838 shares of the company’s stock worth $853,000 after purchasing an additional 471 shares during the period. Finally, Lowe Wealth Advisors LLC boosted its position in JPMorgan Ultra-Short Income ETF by 1.8% during the second quarter. Lowe Wealth Advisors LLC now owns 200,946 shares of the company’s stock worth $10,184,000 after purchasing an additional 3,469 shares during the period. 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 $50.68 on Monday. The stock has a market capitalization of $32.36 billion, a P/E ratio of 110.17 and a beta of 0.03. The stock has a 50 day moving average price of $50.61 and a two-hundred day moving average price of $50.55. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.75.

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.