JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stock Holdings Lifted by First Business Financial Services Inc.

First Business Financial Services Inc. raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 225,460 shares of the company’s stock after acquiring an additional 8,499 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 1.2% of First Business Financial Services Inc.’s holdings, making the stock its 11th biggest position. First Business Financial Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,379,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of JPST. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 30.0% in the first quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock valued at $2,305,103,000 after buying an additional 10,546,138 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $93,574,000. Cetera Investment Advisers lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 927.2% in the first quarter. Cetera Investment Advisers now owns 1,790,596 shares of the company’s stock valued at $90,336,000 after purchasing an additional 1,616,273 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 37.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock valued at $243,837,000 after purchasing an additional 1,317,710 shares in the last quarter. Finally, Spire Wealth Management lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 207.5% in the second quarter. Spire Wealth Management now owns 1,515,432 shares of the company’s stock valued at $76,484,000 after purchasing an additional 1,022,638 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST traded up $0.01 during mid-day trading on Thursday, reaching $50.49. The company’s stock had a trading volume of 1,662,061 shares, compared to its average volume of 3,860,926. The business has a fifty day moving average of $50.49 and a 200 day moving average of $50.40. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.96 and a 1 year high of $50.68.

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.