Mosley Wealth Management Makes New $2.32 Million Investment in JPMorgan Ultra-Short Income ETF $JPST

Mosley Wealth Management bought a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 45,884 shares of the company’s stock, valued at approximately $2,323,000. JPMorgan Ultra-Short Income ETF comprises 1.1% of Mosley Wealth Management’s portfolio, making the stock its 22nd largest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Lakeridge Wealth Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.5% during the 4th quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock valued at $241,000 after purchasing an additional 206 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock valued at $434,000 after purchasing an additional 221 shares during the last quarter. Lantern Wealth Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.0% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock valued at $240,000 after purchasing an additional 226 shares during the last quarter. Condor Capital Management grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.6% during the 3rd quarter. Condor Capital Management now owns 14,607 shares of the company’s stock valued at $741,000 after purchasing an additional 231 shares during the last quarter. Finally, Keel Point LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.4% during the 2nd quarter. Keel Point LLC now owns 17,002 shares of the company’s stock valued at $862,000 after purchasing an additional 239 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Friday. The firm has a market capitalization of $37.52 billion, a PE ratio of 109.74 and a beta of 0.01. The firm’s 50 day moving average is $50.51 and its 200 day moving average is $50.60. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.41 and a 1 year 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.