JPMorgan Ultra-Short Income ETF $JPST Stock Holdings Boosted by Fifth Third Bancorp

Fifth Third Bancorp grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,231,577 shares of the company’s stock after buying an additional 60,931 shares during the quarter. Fifth Third Bancorp’s holdings in JPMorgan Ultra-Short Income ETF were worth $112,405,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of JPST. Strengthening Families & Communities LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth about $28,000. Hughes Financial Services LLC raised its position in JPMorgan Ultra-Short Income ETF by 75.8% during the 3rd quarter. Hughes Financial Services LLC now owns 589 shares of the company’s stock valued at $30,000 after purchasing an additional 254 shares during the last quarter. Beacon Financial Strategies CORP bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $34,000. Allied Private Wealth LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $38,000. Finally, Rice Partnership LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 327.5% in the 1st quarter. Rice Partnership LLC now owns 855 shares of the company’s stock worth $43,000 after buying an additional 655 shares during the period. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.28 on Thursday. The stock has a market cap of $42.50 billion, a P/E ratio of 109.30 and a beta of 0.02. 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 50 day simple moving average of $50.33 and a two-hundred day simple moving average of $50.49.

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.