JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Grey Ledge Advisors LLC

Grey Ledge Advisors LLC grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 50.5% during the third quarter, HoldingsChannel.com reports. The firm owned 122,339 shares of the company’s stock after purchasing an additional 41,032 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 1.4% of Grey Ledge Advisors LLC’s holdings, making the stock its 14th biggest holding. Grey Ledge Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,206,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Mayfair Advisory Group LLC raised its stake in JPMorgan Ultra-Short Income ETF by 1.1% during the third quarter. Mayfair Advisory Group LLC now owns 69,447 shares of the company’s stock valued at $3,523,000 after buying an additional 732 shares in the last quarter. SteelPeak Wealth LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 31.7% in the 3rd quarter. SteelPeak Wealth LLC now owns 7,836 shares of the company’s stock worth $398,000 after acquiring an additional 1,887 shares in the last quarter. Retirement Guys Formula LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 17.8% in the 3rd quarter. Retirement Guys Formula LLC now owns 162,839 shares of the company’s stock valued at $8,261,000 after acquiring an additional 24,616 shares during the last quarter. Sterling Investment Counsel LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at approximately $1,105,000. Finally, Ballentine Capital Advisors Inc lifted its stake in JPMorgan Ultra-Short Income ETF by 32.8% during the third quarter. Ballentine Capital Advisors Inc now owns 55,576 shares of the company’s stock worth $2,819,000 after purchasing an additional 13,724 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.62 on Friday. The firm has a market cap of $35.42 billion, a price-to-earnings ratio of 110.04 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.78. The firm has a fifty day moving average price of $50.67 and a two-hundred day moving average price of $50.64.

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.