Greenwood Gearhart Inc. Purchases 159,640 Shares of JPMorgan Ultra-Short Income ETF $JPST

Greenwood Gearhart Inc. boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,310,993 shares of the company’s stock after buying an additional 159,640 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 4.1% of Greenwood Gearhart Inc.’s portfolio, making the stock its 4th biggest position. Greenwood Gearhart Inc. owned about 0.21% of JPMorgan Ultra-Short Income ETF worth $66,441,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of JPST. Temasek Holdings Private Ltd acquired a new stake in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at approximately $842,655,000. JPMorgan Chase & Co. raised its position in JPMorgan Ultra-Short Income ETF by 2.7% in the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock valued at $5,068,793,000 after buying an additional 2,598,084 shares during the last quarter. LPL Financial LLC raised its position in JPMorgan Ultra-Short Income ETF by 19.4% in the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock valued at $767,511,000 after buying an additional 2,464,430 shares during the last quarter. Exchange Traded Concepts LLC raised its position in JPMorgan Ultra-Short Income ETF by 1,058.1% in the 1st quarter. Exchange Traded Concepts LLC now owns 1,740,737 shares of the company’s stock valued at $88,134,000 after buying an additional 1,590,431 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in JPMorgan Ultra-Short Income ETF by 22.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after buying an additional 1,265,522 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.64 on Friday. The business’s 50 day simple moving average is $50.65 and its 200 day simple moving average is $50.57. The firm has a market cap of $34.15 billion, a PE ratio of 110.09 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.76.

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.