Ameritas Advisory Services LLC Has $9.18 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Ameritas Advisory Services LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4,975.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 181,458 shares of the company’s stock after purchasing an additional 177,883 shares during the period. Ameritas Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,180,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JPST. Rossmore Private Capital acquired a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $25,000. Cardiff Park Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $25,000. Jackson Hole Capital Partners LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $28,000. MGB Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $30,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.50 on Wednesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.42 and a 12 month high of $50.79. The business’s 50 day moving average is $50.54 and its two-hundred day moving average is $50.63. The company has a market cap of $37.53 billion, a PE ratio of 109.78 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.