Arbor Investment Advisors LLC Raises Position in JPMorgan Ultra-Short Income ETF $JPST

Arbor Investment Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 409,240 shares of the company’s stock after acquiring an additional 11,178 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 2.7% of Arbor Investment Advisors LLC’s portfolio, making the stock its 11th largest holding. Arbor Investment Advisors LLC owned 0.06% of JPMorgan Ultra-Short Income ETF worth $20,740,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Sowa Financial Group Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $784,000. Mountain Capital Investment Advisors Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 13.7% during the 2nd quarter. Mountain Capital Investment Advisors Inc. now owns 80,521 shares of the company’s stock worth $4,064,000 after acquiring an additional 9,680 shares during the last quarter. Chicago Partners Investment Group LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.1% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 120,815 shares of the company’s stock worth $6,114,000 after acquiring an additional 4,737 shares during the last quarter. International Assets Investment Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 20.3% during the 2nd quarter. International Assets Investment Management LLC now owns 58,755 shares of the company’s stock worth $2,978,000 after acquiring an additional 9,902 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $369,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.72 on Monday. The company’s fifty day simple moving average is $50.67 and its 200-day simple moving average is $50.58. The stock has a market capitalization of $34.20 billion, a PE ratio of 110.26 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.76.

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.