JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Nordwand Advisors LLC

Nordwand Advisors LLC raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 98.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,963 shares of the company’s stock after purchasing an additional 9,925 shares during the quarter. Nordwand Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,013,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Sandy Cove Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 3,571.4% in the 3rd quarter. Sandy Cove Advisors LLC now owns 150,711 shares of the company’s stock valued at $7,646,000 after buying an additional 146,606 shares during the period. Beacon Financial Advisory LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 13.0% during the 3rd quarter. Beacon Financial Advisory LLC now owns 112,249 shares of the company’s stock valued at $5,694,000 after acquiring an additional 12,895 shares during the period. Hershey Financial Advisers LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $3,946,000. Allen Capital Group LLC grew its position in JPMorgan Ultra-Short Income ETF by 16.1% in the 3rd quarter. Allen Capital Group LLC now owns 251,673 shares of the company’s stock valued at $12,767,000 after acquiring an additional 34,921 shares in the last quarter. Finally, Crane Advisory LLC increased its stake in JPMorgan Ultra-Short Income ETF by 4.0% during the third quarter. Crane Advisory LLC now owns 1,477,574 shares of the company’s stock worth $74,780,000 after purchasing an additional 56,362 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.67 on Tuesday. The company’s 50-day simple moving average is $50.66 and its 200-day simple moving average is $50.65. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.78. The stock has a market capitalization of $35.95 billion, a PE ratio of 110.15 and a beta of 0.01.

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.