Shelter Mutual Insurance Co Purchases New Stake in JPMorgan Ultra-Short Income ETF $JPST

Shelter Mutual Insurance Co acquired a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,400 shares of the company’s stock, valued at approximately $478,000.

Other large investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in JPMorgan Ultra-Short Income ETF by 10.1% in the fourth quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock valued at $5,386,450,000 after buying an additional 9,729,791 shares during the period. Axxcess Wealth Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 568.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock valued at $393,694,000 after acquiring an additional 6,617,940 shares during the last quarter. Bank of America Corp DE raised its position in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after acquiring an additional 2,162,615 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 215.9% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock valued at $142,290,000 after purchasing an additional 1,921,600 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after purchasing an additional 1,459,312 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.53 on Friday. The business has a fifty day simple moving average of $50.48 and a 200 day simple moving average of $50.53. The stock has a market cap of $40.40 billion, a PE ratio of 109.85 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.39 and a 12 month high of $50.79.

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.