Stephens Inc. AR Has $38.28 Million Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Stephens Inc. AR reduced its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 754,328 shares of the company’s stock after selling 41,980 shares during the quarter. Stephens Inc. AR’s holdings in JPMorgan Ultra-Short Income ETF were worth $38,275,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Diversify Advisory Services LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter worth approximately $1,207,000. Mission Wealth Management LP increased its holdings in JPMorgan Ultra-Short Income ETF by 31.7% during the 1st quarter. Mission Wealth Management LP now owns 39,904 shares of the company’s stock worth $2,013,000 after purchasing an additional 9,600 shares in the last quarter. Prosperity Consulting Group LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 9.8% during the 1st quarter. Prosperity Consulting Group LLC now owns 13,392 shares of the company’s stock worth $676,000 after purchasing an additional 1,191 shares in the last quarter. Concourse Financial Group Securities Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 16.0% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 8,524 shares of the company’s stock worth $430,000 after purchasing an additional 1,178 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in JPMorgan Ultra-Short Income ETF by 851.5% during the 1st quarter. BNP Paribas Financial Markets now owns 581,353 shares of the company’s stock worth $29,329,000 after purchasing an additional 520,253 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.59 on Friday. The stock has a 50 day moving average price of $50.59 and a two-hundred day moving average price of $50.47. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.97 and a 52 week high of $50.75.

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.