TD Waterhouse Canada Inc. Purchases 44,518 Shares of JPMorgan Ultra-Short Income ETF $JPST

TD Waterhouse Canada Inc. raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 73.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,534 shares of the company’s stock after purchasing an additional 44,518 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,300,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. HB Wealth Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.4% during the 2nd quarter. HB Wealth Management LLC now owns 10,065,428 shares of the company’s stock worth $506,509,000 after purchasing an additional 514,497 shares during the period. Royal Bank of Canada increased its position in JPMorgan Ultra-Short Income ETF by 11.1% during the 1st quarter. Royal Bank of Canada now owns 5,372,821 shares of the company’s stock worth $271,917,000 after purchasing an additional 534,875 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in JPMorgan Ultra-Short Income ETF by 7.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,647,775 shares of the company’s stock worth $184,468,000 after purchasing an additional 245,314 shares in the last quarter. Cetera Investment Advisers raised its holdings in JPMorgan Ultra-Short Income ETF by 10.2% in the first quarter. Cetera Investment Advisers now owns 3,377,302 shares of the company’s stock valued at $170,925,000 after buying an additional 312,033 shares during the period. Finally, Adventist Health System Sunbelt Healthcare Corp raised its holdings in JPMorgan Ultra-Short Income ETF by 215.9% in the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock valued at $142,290,000 after buying an additional 1,921,600 shares during the period. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.34 on Tuesday. The firm has a market capitalization of $42.52 billion, a price-to-earnings ratio of 109.43 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79. The company’s 50 day moving average price is $50.39 and its 200 day moving average price is $50.46.

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.