JPMorgan Ultra-Short Income ETF $JPST Position Lifted by Round Rock Advisors LLC

Round Rock Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 953,692 shares of the company’s stock after acquiring an additional 47,631 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 6.2% of Round Rock Advisors LLC’s portfolio, making the stock its 4th largest position. Round Rock Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $48,228,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Cardiff Park Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the third quarter valued at about $25,000. Sittner & Nelson LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $30,000. Motiv8 Investments LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $32,000. Beacon Financial Strategies CORP purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at about $34,000. Finally, TD Private Client Wealth LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 89.1% during the fourth quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock valued at $38,000 after buying an additional 350 shares during the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.37 on Thursday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.35 and a fifty-two week high of $50.79. The stock has a market capitalization of $40.28 billion, a P/E ratio of 109.50 and a beta of 0.01. The company’s 50-day simple moving average is $50.48 and its 200-day simple moving average is $50.52.

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.