JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Alexis Investment Partners LLC

Alexis Investment Partners LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 152.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 159,122 shares of the company’s stock after purchasing an additional 96,142 shares during the period. JPMorgan Ultra-Short Income ETF makes up 3.5% of Alexis Investment Partners LLC’s portfolio, making the stock its 9th biggest position. Alexis Investment Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,062,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Chelsea Counsel Co. acquired a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth about $25,000. Pandora Wealth Inc. acquired a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth about $34,000. Cooksen Wealth LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth about $36,000. Frazier Financial Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth about $41,000. Finally, TD Private Client Wealth LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth about $48,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

NYSEARCA:JPST opened at $50.72 on Monday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.76. The firm has a market capitalization of $34.20 billion, a PE ratio of 110.26 and a beta of 0.03. The firm has a 50-day moving average price of $50.67 and a 200 day moving average price of $50.58.

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.