World Investment Advisors Has $2.06 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

World Investment Advisors boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 68.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 40,713 shares of the company’s stock after acquiring an additional 16,551 shares during the period. World Investment Advisors’ holdings in JPMorgan Ultra-Short Income ETF were worth $2,060,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Archer Investment Corp raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the third quarter. Archer Investment Corp now owns 1,991 shares of the company’s stock valued at $101,000 after purchasing an additional 200 shares during the last quarter. Lakeridge Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.5% in the fourth quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock valued at $241,000 after purchasing an additional 206 shares during the last quarter. Lantern Wealth Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.0% in the third quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock valued at $240,000 after purchasing an additional 226 shares during the last quarter. Condor Capital Management raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.6% in the third quarter. Condor Capital Management now owns 14,607 shares of the company’s stock valued at $741,000 after purchasing an additional 231 shares during the last quarter. Finally, Keel Point LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock valued at $862,000 after purchasing an additional 239 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.50 on Friday. The firm has a 50-day moving average of $50.53 and a 200-day moving average of $50.62. The company has a market cap of $37.53 billion, a P/E ratio of 109.78 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.42 and a one year high of $50.79.

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.