141,389 JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Market Street Wealth Management Advisors LLC

Market Street Wealth Management Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 876.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 157,524 shares of the company’s stock after purchasing an additional 141,389 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 1.1% of Market Street Wealth Management Advisors LLC’s portfolio, making the stock its 23rd biggest position. Market Street Wealth Management Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,934,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Rose Capital Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $543,000. Worth Asset Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 81.2% during the third quarter. Worth Asset Management LLC now owns 187,616 shares of the company’s stock valued at $9,450,000 after purchasing an additional 84,093 shares in the last quarter. Beacon Financial Advisory LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 14.0% during the second quarter. Beacon Financial Advisory LLC now owns 168,730 shares of the company’s stock valued at $8,533,000 after purchasing an additional 20,732 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 15.9% during the fourth quarter. Quadrant Capital Group LLC now owns 1,743,625 shares of the company’s stock valued at $88,210,000 after buying an additional 239,528 shares during the period. Finally, Requisite Capital Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 29.4% during the second quarter. Requisite Capital Management LLC now owns 612,480 shares of the company’s stock valued at $30,973,000 after buying an additional 139,271 shares during the period. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.27 on Friday. The firm has a 50 day moving average of $50.41 and a 200 day moving average of $50.47. The company has a market capitalization of $42.38 billion, a price-to-earnings ratio of 109.28 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.79.

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.