JPMorgan Ultra-Short Income ETF $JPST Stock Purchased by Paragon Advisors LLC

Paragon Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 28.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 88,486 shares of the company’s stock after buying an additional 19,708 shares during the quarter. Paragon Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,457,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Blueline Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 9.2% in the third quarter. Blueline Advisors LLC now owns 2,746 shares of the company’s stock valued at $138,000 after buying an additional 232 shares during the last quarter. Vista Cima Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.7% in the second quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock valued at $1,766,000 after acquiring an additional 239 shares during the period. Hughes Financial Services LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 75.8% during the third quarter. Hughes Financial Services LLC now owns 589 shares of the company’s stock worth $30,000 after acquiring an additional 254 shares during the last quarter. Gerald Baker Financial Group LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 3.1% during the third quarter. Gerald Baker Financial Group LLC now owns 8,382 shares of the company’s stock worth $422,000 after acquiring an additional 255 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 10.6% during the third quarter. Financial Network Wealth Advisors LLC now owns 2,674 shares of the company’s stock worth $135,000 after acquiring an additional 256 shares during 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 JPMorgan Ultra-Short Income ETF stock opened at $50.30 on Monday. The firm’s fifty day simple moving average is $50.34 and its 200-day simple moving average is $50.49. The stock has a market capitalization of $42.55 billion, a price-to-earnings ratio of 109.35 and a beta of 0.02. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79.

About JPMorgan Ultra-Short Income ETF

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.