BNP Paribas Financial Markets Buys 228,981 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

BNP Paribas Financial Markets increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 41.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 784,410 shares of the company’s stock after buying an additional 228,981 shares during the quarter. BNP Paribas Financial Markets’ holdings in JPMorgan Ultra-Short Income ETF were worth $39,801,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in JPST. LPL Financial LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 13.5% during the second quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after purchasing an additional 1,235,482 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 22.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after buying an additional 1,053,392 shares during the period. Spire Wealth Management raised its position in shares of JPMorgan Ultra-Short Income ETF by 207.5% during the second quarter. Spire Wealth Management now owns 1,515,432 shares of the company’s stock worth $76,484,000 after acquiring an additional 1,022,638 shares during the last quarter. ACT Advisors LLC. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $32,356,000. Finally, Cetera Investment Advisers boosted its holdings in JPMorgan Ultra-Short Income ETF by 31.0% in the second quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock valued at $118,360,000 after acquiring an additional 554,564 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.56 on Friday. The firm has a 50 day moving average price of $50.54 and a two-hundred day moving average price of $50.49. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.13 and a 52-week high of $50.75.

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.