Sanctuary Advisors LLC Buys 10,638 Shares of JPMorgan Ultra-Short Income ETF $JPST

Sanctuary Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 151,261 shares of the company’s stock after buying an additional 10,638 shares during the quarter. Sanctuary Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,655,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of JPST. Cardiff Park Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the third quarter worth approximately $25,000. Jackson Hole Capital Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $28,000. Sittner & Nelson LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $30,000. Motiv8 Investments LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $32,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $38,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.50 on Friday. The business has a fifty day simple moving average of $50.49 and a 200 day simple moving average of $50.57. The company has a market capitalization of $40.02 billion, a PE ratio of 109.78 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.39 and a 1 year high of $50.79.

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.