SOL Capital Management CO Has $12.26 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

SOL Capital Management CO lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 241,711 shares of the company’s stock after purchasing an additional 36,438 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 1.1% of SOL Capital Management CO’s portfolio, making the stock its 24th largest position. SOL Capital Management CO’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,262,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in JPST. Sandy Cove Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 3,571.4% in the 3rd quarter. Sandy Cove Advisors LLC now owns 150,711 shares of the company’s stock worth $7,646,000 after purchasing an additional 146,606 shares during the period. Hershey Financial Advisers LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $3,946,000. Allen Capital Group LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 16.1% in the 3rd quarter. Allen Capital Group LLC now owns 251,673 shares of the company’s stock valued at $12,767,000 after acquiring an additional 34,921 shares in the last quarter. Crane Advisory LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 4.0% during the 3rd quarter. Crane Advisory LLC now owns 1,477,574 shares of the company’s stock worth $74,780,000 after acquiring an additional 56,362 shares in the last quarter. Finally, American Financial Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 35.7% in the third quarter. American Financial Advisors LLC now owns 170,238 shares of the company’s stock valued at $8,636,000 after purchasing an additional 44,758 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of JPST opened at $50.67 on Friday. The stock has a market capitalization of $35.95 billion, a price-to-earnings ratio of 110.15 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.78. The firm has a fifty day simple moving average of $50.66 and a 200 day simple moving average of $50.65.

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.