Main Street Financial Solutions LLC Acquires 44,706 Shares of JPMorgan Ultra-Short Income ETF $JPST

Main Street Financial Solutions LLC lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 55.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 124,662 shares of the company’s stock after acquiring an additional 44,706 shares during the period. Main Street Financial Solutions LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,307,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in JPST. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 10.1% in the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock valued at $5,386,450,000 after acquiring an additional 9,729,791 shares during the last quarter. Axxcess Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 568.5% in the 4th quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock valued at $393,694,000 after acquiring an additional 6,617,940 shares during the last quarter. Temasek Holdings Private Ltd bought a new stake in JPMorgan Ultra-Short Income ETF in the third quarter worth about $300,296,000. Bank of America Corp DE lifted its stake in JPMorgan Ultra-Short Income ETF by 15.3% in the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after purchasing an additional 2,162,615 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after purchasing an additional 1,459,312 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.48 on Thursday. The company has a market cap of $37.52 billion, a P/E ratio of 109.74 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 firm has a 50-day simple moving average of $50.51 and a two-hundred day simple moving average of $50.60.

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.