Evergreen Wealth Partners LLC Purchases New Shares in JPMorgan Ultra-Short Income ETF $JPST

Evergreen Wealth Partners LLC purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 48,923 shares of the company’s stock, valued at approximately $2,475,000. JPMorgan Ultra-Short Income ETF accounts for approximately 2.1% of Evergreen Wealth Partners LLC’s portfolio, making the stock its 12th biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Rossmore Private Capital acquired a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $25,000. Cardiff Park Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $25,000. Jackson Hole Capital Partners LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $28,000. MGB Wealth Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $30,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $38,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

Shares of JPST opened at $50.50 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.42 and a 52-week high of $50.79. The firm’s fifty day moving average is $50.53 and its two-hundred day moving average is $50.62. The stock has a market cap of $37.53 billion, a PE ratio of 109.78 and a beta of 0.01.

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.