Franklin Resources Inc. Has $23.07 Million Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Franklin Resources Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 456,509 shares of the company’s stock after buying an additional 6,738 shares during the period. Franklin Resources Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $23,072,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Etesian Wealth Advisors Inc. raised its position in JPMorgan Ultra-Short Income ETF by 3.4% during the second quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock valued at $322,000 after acquiring an additional 213 shares in the last quarter. Hayek Kallen Investment Management increased its stake in shares of JPMorgan Ultra-Short Income ETF by 0.3% during the 3rd quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock worth $3,881,000 after purchasing an additional 219 shares during the last quarter. Aspen Wealth Strategies LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.0% during the 3rd quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock valued at $1,372,000 after purchasing an additional 261 shares in the last quarter. Edgestream Partners L.P. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 0.6% in the 3rd quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock valued at $2,411,000 after purchasing an additional 262 shares during the last quarter. Finally, Eagle Bluffs Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 0.6% in the third quarter. Eagle Bluffs Wealth Management LLC now owns 51,672 shares of the company’s stock worth $2,622,000 after purchasing an additional 293 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.47 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75. The stock’s 50-day moving average is $50.50 and its two-hundred day moving average is $50.50.

About JPMorgan Ultra-Short Income ETF

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.