237,593 JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Financial Solutions Advisory Group Inc.

Financial Solutions Advisory Group Inc. grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 77.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 542,565 shares of the company’s stock after acquiring an additional 237,593 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 3.5% of Financial Solutions Advisory Group Inc.’s holdings, making the stock its 8th largest holding. Financial Solutions Advisory Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $27,313,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rose Capital Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth about $543,000. Integrated Wealth Concepts LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 3.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 1,168,286 shares of the company’s stock valued at $59,080,000 after purchasing an additional 37,846 shares during the period. Worth Asset Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 81.2% during the 3rd quarter. Worth Asset Management LLC now owns 187,616 shares of the company’s stock valued at $9,450,000 after purchasing an additional 84,093 shares during the last quarter. Beacon Financial Advisory LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 14.0% during the 2nd quarter. Beacon Financial Advisory LLC now owns 168,730 shares of the company’s stock valued at $8,533,000 after purchasing an additional 20,732 shares during the last quarter. Finally, Requisite Capital Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 29.4% during the 2nd quarter. Requisite Capital Management LLC now owns 612,480 shares of the company’s stock valued at $30,973,000 after purchasing an additional 139,271 shares during the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA:JPST opened at $50.41 on Friday. The stock has a market capitalization of $43.11 billion, a PE ratio of 109.59 and a beta of 0.01. The firm’s 50 day moving average price is $50.37 and its 200-day moving average price is $50.51. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.79.

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.