JPMorgan Ultra-Short Income ETF $JPST Holdings Lifted by NavPoint Financial Inc.

NavPoint Financial Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 264,941 shares of the company’s stock after purchasing an additional 10,972 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 5.4% of NavPoint Financial Inc.’s portfolio, making the stock its 5th largest holding. NavPoint Financial Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,409,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its stake in 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 worth $5,386,450,000 after purchasing an additional 9,729,791 shares during the period. Morgan Stanley raised its stake in JPMorgan Ultra-Short Income ETF by 2.4% in the fourth quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock valued at $3,109,705,000 after purchasing an additional 1,449,509 shares in the last quarter. LPL Financial LLC lifted its position in JPMorgan Ultra-Short Income ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after purchasing an additional 1,459,312 shares during the last quarter. Bank of America Corp DE grew its stake in JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after buying an additional 2,162,615 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock worth $579,023,000 after buying an additional 194,855 shares in the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.40 on Thursday. The company’s fifty day moving average price is $50.52 and its 200-day moving average price is $50.59. The firm has a market capitalization of $39.15 billion, a price-to-earnings ratio of 109.57 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.39 and a one year high of $50.79.

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.