IMZ Advisory Inc Has $28.92 Million Position in JPMorgan Ultra-Short Income ETF $JPST

IMZ Advisory Inc increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 43.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 571,842 shares of the company’s stock after buying an additional 173,316 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 9.2% of IMZ Advisory Inc’s holdings, making the stock its 3rd biggest holding. IMZ Advisory Inc owned about 0.07% of JPMorgan Ultra-Short Income ETF worth $28,918,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in JPST. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 10.1% in the fourth quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after acquiring an additional 9,729,791 shares during the last quarter. Axxcess Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 568.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock valued at $393,694,000 after purchasing an additional 6,617,940 shares during the last quarter. Bank of America Corp DE grew its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the second 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 last quarter. Adventist Health System Sunbelt Healthcare Corp grew its stake in shares of JPMorgan Ultra-Short Income ETF by 215.9% during 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 purchasing an additional 1,921,600 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after purchasing an additional 1,459,312 shares in the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.41 on Thursday. The company has a 50 day moving average price of $50.48 and a 200 day moving average price of $50.55. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.79. The stock has a market capitalization of $40.31 billion, a PE ratio of 109.59 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.