JPMorgan Ultra-Short Income ETF $JPST Stock Position Raised by Endowment Wealth Management Inc.

Endowment Wealth Management Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 110,697 shares of the company’s stock after buying an additional 14,258 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 1.9% of Endowment Wealth Management Inc.’s portfolio, making the stock its 13th largest holding. Endowment Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,576,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in JPST. Blueline Advisors LLC lifted its position in shares of 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 acquiring an additional 232 shares in the last quarter. Vista Cima Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 0.7% during the second quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock worth $1,766,000 after purchasing an additional 239 shares in the last quarter. Hughes Financial Services LLC increased 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 purchasing an additional 254 shares in the last quarter. Gerald Baker Financial Group LLC increased 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 purchasing an additional 255 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 10.6% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 2,674 shares of the company’s stock valued at $135,000 after purchasing an additional 256 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.30 on Friday. The business has a fifty day moving average price of $50.34 and a 200 day moving average price of $50.49. The company has a market cap of $42.55 billion, a P/E ratio of 109.35 and a beta of 0.02. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one 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.