JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 392,050 shares of the company’s stock after purchasing an additional 53,920 shares during the period. Valley Wealth Managers Inc. owned approximately 0.06% of JPMorgan Ultra-Short Income ETF worth $19,889,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Rossmore Private Capital acquired a new position in JPMorgan Ultra-Short Income ETF during the third quarter worth $25,000. Brentview Investment Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $35,000. Silicon Valley Capital Partners purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at about $37,000. American National Bank & Trust acquired a new stake in JPMorgan Ultra-Short Income ETF during the third quarter worth about $38,000. Finally, Frazier Financial Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth about $41,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.75 on Friday. The company’s 50-day moving average is $50.67 and its two-hundred day moving average is $50.66. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.78. The firm has a market capitalization of $36.41 billion, a price-to-earnings ratio of 110.33 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.