Truist Financial Corp Purchases 48,112 Shares of JPMorgan Ultra-Short Income ETF $JPST

Truist Financial Corp lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 313,578 shares of the company’s stock after purchasing an additional 48,112 shares during the quarter. Truist Financial Corp’s holdings in JPMorgan Ultra-Short Income ETF were worth $15,864,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. AE Wealth Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 3.9% in the third quarter. AE Wealth Management LLC now owns 336,526 shares of the company’s stock valued at $17,072,000 after purchasing an additional 12,743 shares in the last quarter. Beacon Financial Advisory LLC grew its stake in JPMorgan Ultra-Short Income ETF by 13.0% in the 3rd quarter. Beacon Financial Advisory LLC now owns 112,249 shares of the company’s stock worth $5,694,000 after buying an additional 12,895 shares in the last quarter. Mezzasalma Advisors LLC grew its stake in JPMorgan Ultra-Short Income ETF by 70.9% in the 4th quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock worth $4,082,000 after buying an additional 33,446 shares in the last quarter. Allen Capital Group LLC increased its holdings in shares of 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 worth $12,767,000 after buying an additional 34,921 shares during the last quarter. Finally, Great Point Wealth Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $34,876,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.49 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.42 and a fifty-two week high of $50.79. The stock has a market cap of $37.53 billion, a P/E ratio of 109.76 and a beta of 0.01. The firm’s fifty day moving average price is $50.55 and its 200-day moving average price is $50.63.

About JPMorgan Ultra-Short Income ETF

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.