Insight Wealth Partners LLC Has $15.73 Million Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Insight Wealth Partners LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 84.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 310,301 shares of the company’s stock after purchasing an additional 142,090 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 6.1% of Insight Wealth Partners LLC’s portfolio, making the stock its 3rd biggest holding. Insight Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $15,726,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock valued at $5,068,793,000 after acquiring an additional 2,598,084 shares during the period. Temasek Holdings Private Ltd acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth $842,655,000. LPL Financial LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 19.4% during the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock worth $767,511,000 after purchasing an additional 2,464,430 shares in the last quarter. HB Wealth Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.0% during the 2nd quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock worth $450,480,000 after purchasing an additional 342,791 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 22.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after purchasing an additional 1,265,522 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.74 on Friday. The firm has a market cap of $34.27 billion, a P/E ratio of 110.30 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. The business’s fifty day moving average is $50.68 and its 200-day moving average is $50.58.

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.