JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 50.0% in the second quarter, HoldingsChannel.com reports. The fund owned 1,988,463 shares of the company’s stock after purchasing an additional 662,886 shares during the period. HighTower Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $100,557,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Nicholson Meyer Capital Management Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 0.9% during the 1st quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock worth $1,128,000 after buying an additional 202 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 2.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock worth $434,000 after acquiring an additional 221 shares in the last quarter. Whipplewood Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 1.2% during the first quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock worth $936,000 after acquiring an additional 227 shares during the period. Vista Cima Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 0.7% during the second quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock worth $1,766,000 after acquiring an additional 239 shares during the period. Finally, Keel Point LLC raised its stake 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 acquiring an additional 239 shares in the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.39 on Monday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.35 and a 12-month high of $50.79. The stock has a market cap of $40.29 billion, a P/E ratio of 109.54 and a beta of 0.01. The business’s fifty day simple moving average is $50.48 and its 200-day simple moving average is $50.52.

JPMorgan Ultra-Short Income ETF 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.