JPMorgan Ultra-Short Income ETF $JPST Position Boosted by Hartford Financial Management Inc.

Hartford Financial Management Inc. increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 134,583 shares of the company’s stock after purchasing an additional 25,097 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.5% of Hartford Financial Management Inc.’s investment portfolio, making the stock its 19th largest position. Hartford Financial Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,779,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Rose Capital Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $543,000. Integrated Wealth Concepts LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 3.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 1,168,286 shares of the company’s stock valued at $59,080,000 after purchasing an additional 37,846 shares during the last quarter. Worth Asset Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 81.2% during the 3rd quarter. Worth Asset Management LLC now owns 187,616 shares of the company’s stock valued at $9,450,000 after buying an additional 84,093 shares during the period. Beacon Financial Advisory LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 14.0% during the 2nd quarter. Beacon Financial Advisory LLC now owns 168,730 shares of the company’s stock valued at $8,533,000 after buying an additional 20,732 shares during the period. Finally, Requisite Capital Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 29.4% during the 2nd 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. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.35 on Thursday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.79. The firm has a market capitalization of $42.53 billion, a price-to-earnings ratio of 109.46 and a beta of 0.01. The company has a fifty day moving average of $50.39 and a two-hundred day moving average of $50.46.

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.