Byrne Financial Freedom LLC Has $1.64 Million Position in JPMorgan Ultra-Short Income ETF $JPST

Byrne Financial Freedom LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 215.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,363 shares of the company’s stock after acquiring an additional 22,089 shares during the quarter. Byrne Financial Freedom LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,637,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AE Wealth Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 3.9% in the 3rd quarter. AE Wealth Management LLC now owns 336,526 shares of the company’s stock valued at $17,072,000 after buying an additional 12,743 shares in the last quarter. Beacon Financial Advisory LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 13.0% in the 3rd quarter. Beacon Financial Advisory LLC now owns 112,249 shares of the company’s stock valued at $5,694,000 after buying an additional 12,895 shares in the last quarter. Mezzasalma Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 70.9% in the 4th quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock valued at $4,082,000 after buying an additional 33,446 shares in the last quarter. Allen Capital Group LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 16.1% in the 3rd quarter. Allen Capital Group LLC now owns 251,673 shares of the company’s stock valued at $12,767,000 after buying an additional 34,921 shares in the last quarter. Finally, Great Point Wealth Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $34,876,000. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.50 on Monday. The stock’s fifty day moving average price is $50.55 and its two-hundred day moving average price is $50.63. JPMorgan Ultra-Short Income ETF has a one year low of $50.42 and a one year high of $50.79. The firm has a market cap of $37.53 billion, a price-to-earnings ratio of 109.78 and a beta of 0.01.

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.