JPMorgan Chase & Co. Boosts Holdings in JPMorgan Ultra-Short Income ETF $JPST

JPMorgan Chase & Co. increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.1% during the fourth quarter, Holdings Channel reports. The firm owned 106,472,614 shares of the company’s stock after acquiring an additional 9,729,791 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.15% of JPMorgan Ultra-Short Income ETF worth $5,386,450,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Arrowroot Family Office LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 12.7% during the 4th quarter. Arrowroot Family Office LLC now owns 91,420 shares of the company’s stock worth $4,625,000 after acquiring an additional 10,288 shares in the last quarter. SouthState Bank Corp raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.1% during the 4th quarter. SouthState Bank Corp now owns 40,828 shares of the company’s stock worth $2,065,000 after acquiring an additional 828 shares in the last quarter. Tradition Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.9% during the 4th quarter. Tradition Wealth Management LLC now owns 192,874 shares of the company’s stock worth $9,757,000 after acquiring an additional 8,994 shares in the last quarter. Invst LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 10.0% during the 4th quarter. Invst LLC now owns 186,085 shares of the company’s stock worth $9,414,000 after acquiring an additional 16,874 shares in the last quarter. Finally, OneAscent Financial Services LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 56.8% during the 4th quarter. OneAscent Financial Services LLC now owns 13,993 shares of the company’s stock worth $708,000 after acquiring an additional 5,070 shares in the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.41 on Monday. The stock has a market capitalization of $37.47 billion, a price-to-earnings ratio of 109.59 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.41 and a 1 year high of $50.79. The business’s 50 day simple moving average is $50.52 and its 200-day simple moving average is $50.61.

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.