Cauble & Harre Wealth Management Inc. Buys New Stake in JPMorgan Ultra-Short Income ETF $JPST

Cauble & Harre Wealth Management Inc. acquired a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 107,324 shares of the company’s stock, valued at approximately $5,449,000. JPMorgan Ultra-Short Income ETF makes up about 4.6% of Cauble & Harre Wealth Management Inc.’s investment portfolio, making the stock its 6th biggest position.

A number of other institutional investors also recently bought and sold shares of the stock. Cardiff Park Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $25,000. Rossmore Private Capital acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $25,000. Jackson Hole Capital Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $28,000. MGB Wealth Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at approximately $30,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $38,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.50 on Friday. 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. The firm’s fifty day moving average is $50.53 and its two-hundred day moving average is $50.62.

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.