JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Brooklyn FI LLC

Brooklyn FI LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.9% in the third quarter, Holdings Channel reports. The firm owned 103,763 shares of the company’s stock after purchasing an additional 16,466 shares during the period. Brooklyn FI LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,215,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blueline Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 9.2% in the third quarter. Blueline Advisors LLC now owns 2,746 shares of the company’s stock valued at $138,000 after buying an additional 232 shares during the period. Vista Cima Wealth Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 0.7% during the second quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock worth $1,766,000 after buying an additional 239 shares during the period. Hughes Financial Services LLC grew its stake in JPMorgan Ultra-Short Income ETF by 75.8% during the third quarter. Hughes Financial Services LLC now owns 589 shares of the company’s stock worth $30,000 after buying an additional 254 shares during the period. Gerald Baker Financial Group LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 3.1% in the third quarter. Gerald Baker Financial Group LLC now owns 8,382 shares of the company’s stock worth $422,000 after acquiring an additional 255 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 10.6% in the third quarter. Financial Network Wealth Advisors LLC now owns 2,674 shares of the company’s stock worth $135,000 after acquiring an additional 256 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Down 0.1%

Shares of JPST stock opened at $50.28 on Wednesday. The company’s fifty day simple moving average is $50.33 and its 200-day simple moving average is $50.49. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.79. The company has a market cap of $42.50 billion, a PE ratio of 109.30 and a beta of 0.02.

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.