JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Bought by Running Point Capital Advisors LLC

Running Point Capital Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 47,621 shares of the company’s stock after purchasing an additional 734 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 0.9% of Running Point Capital Advisors LLC’s holdings, making the stock its 26th largest position. Running Point Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,416,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CreativeOne Wealth LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 30.1% in the first quarter. CreativeOne Wealth LLC now owns 7,584 shares of the company’s stock valued at $383,000 after buying an additional 1,753 shares in the last quarter. OLD Mission Capital LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 311.6% during the 1st quarter. OLD Mission Capital LLC now owns 103,081 shares of the company’s stock valued at $5,200,000 after acquiring an additional 78,039 shares during the last quarter. LRI Investments LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the first quarter worth approximately $30,000. Kestra Advisory Services LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.0% in the 1st quarter. Kestra Advisory Services LLC now owns 470,252 shares of the company’s stock worth $23,724,000 after purchasing an additional 30,769 shares during the period. Finally, Fairview Capital Investment Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 3.0% in the 1st quarter. Fairview Capital Investment Management LLC now owns 609,248 shares of the company’s stock valued at $30,737,000 after acquiring an additional 17,469 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.52 on Thursday. The stock’s 50 day moving average price is $50.55 and its 200 day moving average price is $50.48. JPMorgan Ultra-Short Income ETF has a one year low of $50.13 and a one year 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.