JPMorgan Ultra-Short Income ETF $JPST Stock Holdings Lifted by World Investment Advisors

World Investment Advisors raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 68.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,713 shares of the company’s stock after purchasing an additional 16,551 shares during the quarter. World Investment Advisors’ holdings in JPMorgan Ultra-Short Income ETF were worth $2,060,000 at the end of the most recent quarter.

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

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.50 on Friday. The stock has a market capitalization of $37.53 billion, a P/E ratio of 109.78 and a beta of 0.01. The stock has a 50 day moving average price of $50.52 and a two-hundred day moving average price of $50.59. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.41 and a 12-month high of $50.79.

JPMorgan Ultra-Short Income ETF 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.