JPMorgan Ultra-Short Income ETF $JPST Stock Purchased by Mayfair Advisory Group LLC

Mayfair Advisory Group LLC raised its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 28.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 82,167 shares of the company’s stock after buying an additional 18,062 shares during the period. JPMorgan Ultra-Short Income ETF comprises 1.2% of Mayfair Advisory Group LLC’s portfolio, making the stock its 20th biggest position. Mayfair Advisory Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,139,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of JPST. HB Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 5.4% in the second quarter. HB Wealth Management LLC now owns 10,065,428 shares of the company’s stock valued at $506,509,000 after acquiring an additional 514,497 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.1% in the 1st quarter. Royal Bank of Canada now owns 5,372,821 shares of the company’s stock worth $271,917,000 after acquiring an additional 534,875 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in JPMorgan Ultra-Short Income ETF by 7.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,647,775 shares of the company’s stock worth $184,468,000 after acquiring an additional 245,314 shares during the last quarter. Cetera Investment Advisers grew its position in JPMorgan Ultra-Short Income ETF by 10.2% during the 1st quarter. Cetera Investment Advisers now owns 3,377,302 shares of the company’s stock worth $170,925,000 after acquiring an additional 312,033 shares during the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp grew its position in JPMorgan Ultra-Short Income ETF by 215.9% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after acquiring an additional 1,921,600 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.34 on Tuesday. The business has a fifty day moving average price of $50.39 and a 200 day moving average price of $50.46. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.79. The stock has a market capitalization of $42.52 billion, a price-to-earnings ratio of 109.43 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.