Houlihan Financial Resource Group Ltd. Acquires 131,391 Shares of JPMorgan Ultra-Short Income ETF $JPST

Houlihan Financial Resource Group Ltd. boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 155.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 215,655 shares of the company’s stock after buying an additional 131,391 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 4.2% of Houlihan Financial Resource Group Ltd.’s investment portfolio, making the stock its 4th biggest position. Houlihan Financial Resource Group Ltd.’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,927,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of JPST. Cardiff Park Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $25,000. Jackson Hole Capital Partners LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $28,000. MGB Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $30,000. Halbert Hargrove Global Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $38,000. Finally, TD Private Client Wealth LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 89.1% in the fourth quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock valued at $38,000 after buying an additional 350 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.58 on Friday. The firm’s fifty day moving average is $50.53 and its two-hundred day moving average is $50.62. The firm has a market cap of $37.59 billion, a PE ratio of 109.96 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.42 and a twelve month high of $50.79.

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.