JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Park Avenue Securities LLC

Park Avenue Securities LLC increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 223.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 86,766 shares of the company’s stock after purchasing an additional 59,954 shares during the period. Park Avenue Securities LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,370,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Strengthening Families & Communities LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $28,000. Beacon Financial Strategies CORP bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $34,000. Allied Private Wealth LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $38,000. Rice Partnership LLC increased its holdings in shares of 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 last quarter. Finally, Abound Wealth Management raised its position in shares of JPMorgan Ultra-Short Income ETF by 1,963.3% during the 2nd quarter. Abound Wealth Management now owns 1,011 shares of the company’s stock valued at $51,000 after buying an additional 962 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.41 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.79. The company has a market capitalization of $43.11 billion, a P/E ratio of 109.59 and a beta of 0.01. The company has a fifty day moving average of $50.37 and a 200-day moving average of $50.51.

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.