Caerus Investment Advisors LLC Invests $788,000 in JPMorgan Ultra-Short Income ETF $JPST

Caerus Investment Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,564 shares of the company’s stock, valued at approximately $788,000.

Other large investors also recently bought and sold shares of the company. Millennium Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 23.0% in the first quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock valued at $12,575,000 after purchasing an additional 46,400 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in JPMorgan Ultra-Short Income ETF during the first quarter worth approximately $3,603,000. EverSource Wealth Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 99.6% during the second quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock worth $50,000 after buying an additional 496 shares during the last quarter. First Trust Advisors LP acquired a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth $203,000. Finally, Brown Advisory Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 7.6% in the 2nd quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock valued at $310,000 after buying an additional 431 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.54 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.39 and a 52-week high of $50.79. The company has a market capitalization of $40.41 billion, a PE ratio of 109.87 and a beta of 0.01. The stock has a fifty day simple moving average of $50.49 and a two-hundred day simple moving average of $50.56.

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.