Everstar Asset Management LLC Buys 4,672 Shares of JPMorgan Ultra-Short Income ETF $JPST

by · The Cerbat Gem

Everstar Asset Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 42.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,746 shares of the company’s stock after purchasing an additional 4,672 shares during the period. Everstar Asset Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $798,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in JPMorgan Ultra-Short Income ETF by 2.7% during the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock worth $5,068,793,000 after buying an additional 2,598,084 shares in the last quarter. Temasek Holdings Private Ltd bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth $842,655,000. Charles Schwab Investment Management Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 0.9% during the second quarter. Charles Schwab Investment Management Inc. now owns 11,093,296 shares of the company’s stock valued at $562,208,000 after acquiring an additional 94,082 shares during the period. HB Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 4.0% in the second quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock valued at $450,480,000 after acquiring an additional 342,791 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in JPMorgan Ultra-Short Income ETF by 22.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after purchasing an additional 1,265,522 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of NYSEARCA:JPST opened at $50.75 on Monday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.78. The stock has a market capitalization of $34.28 billion, a P/E ratio of 110.33 and a beta of 0.01. The business has a 50-day moving average price of $50.68 and a two-hundred day moving average price of $50.62.

About JPMorgan Ultra-Short Income ETF

(Free Report)

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.

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