Rockefeller Capital Management L.P. Grows Position in JPMorgan Ultra-Short Income ETF $JPST

Rockefeller Capital Management L.P. raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 630,157 shares of the company’s stock after acquiring an additional 61,012 shares during the quarter. Rockefeller Capital Management L.P. owned approximately 0.10% of JPMorgan Ultra-Short Income ETF worth $31,936,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Kingsview Wealth Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 0.5% during the 2nd quarter. Kingsview Wealth Management LLC now owns 132,461 shares of the company’s stock worth $6,713,000 after purchasing an additional 651 shares during the last quarter. Citizens Financial Group Inc. RI increased its holdings in JPMorgan Ultra-Short Income ETF by 26.4% in the second quarter. Citizens Financial Group Inc. RI now owns 367,532 shares of the company’s stock valued at $18,626,000 after buying an additional 76,660 shares during the last quarter. Avantax Advisory Services Inc. raised its stake in JPMorgan Ultra-Short Income ETF by 34.7% in the second quarter. Avantax Advisory Services Inc. now owns 1,203,845 shares of the company’s stock valued at $61,011,000 after buying an additional 310,070 shares in the last quarter. Security Financial Services INC. lifted its holdings in JPMorgan Ultra-Short Income ETF by 22.4% during the 2nd quarter. Security Financial Services INC. now owns 8,145 shares of the company’s stock worth $413,000 after buying an additional 1,489 shares during the last quarter. Finally, L & S Advisors Inc acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $1,111,000. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.66 on Tuesday. The business’s 50-day simple moving average is $50.68 and its 200-day simple moving average is $50.60. The company has a market cap of $34.22 billion, a P/E ratio of 110.13 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.78.

JPMorgan Ultra-Short Income ETF Company 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.