Prevail Innovative Wealth Advisors LLC Acquires 12,005 Shares of JPMorgan Ultra-Short Income ETF $JPST

Prevail Innovative Wealth Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 37.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,987 shares of the company’s stock after purchasing an additional 12,005 shares during the quarter. Prevail Innovative Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,225,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its stake in JPMorgan Ultra-Short Income ETF by 8.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock valued at $4,907,764,000 after purchasing an additional 7,786,258 shares during the period. Bank of America Corp DE boosted its stake in 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 purchasing an additional 2,162,615 shares during the period. UBS Group AG boosted its stake in JPMorgan Ultra-Short Income ETF by 5.9% during the 4th quarter. UBS Group AG now owns 9,469,398 shares of the company’s stock valued at $479,057,000 after purchasing an additional 531,080 shares during the period. HB Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 1.5% during the 4th quarter. HB Wealth Management LLC now owns 9,443,109 shares of the company’s stock valued at $475,272,000 after purchasing an additional 140,546 shares during the period. Finally, Temasek Holdings Private Ltd bought a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at approximately $300,296,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

Shares of NYSEARCA:JPST opened at $50.53 on Thursday. The business has a 50 day moving average price of $50.53 and a 200 day moving average price of $50.62. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.42 and a twelve month high of $50.79. The company has a market cap of $37.56 billion, a price-to-earnings ratio of 109.85 and a beta of 0.01.

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.