JPMorgan Ultra-Short Income ETF $JPST is Mcmorgan & Co. LLC’s 7th Largest Position

Mcmorgan & Co. LLC raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 49.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 668,362 shares of the company’s stock after buying an additional 220,226 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 5.1% of Mcmorgan & Co. LLC’s holdings, making the stock its 7th largest position. Mcmorgan & Co. LLC owned about 0.08% of JPMorgan Ultra-Short Income ETF worth $33,799,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in JPST. Cardiff Park Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $25,000. Sittner & Nelson LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $30,000. Motiv8 Investments LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $32,000. Beacon Financial Strategies CORP bought a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth about $34,000. Finally, TD Private Client Wealth LLC boosted its position in JPMorgan Ultra-Short Income ETF by 89.1% during the fourth quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock worth $38,000 after purchasing an additional 350 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

JPST opened at $50.54 on Friday. The firm has a 50-day moving average price of $50.49 and a 200-day moving average price of $50.53. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.39 and a twelve month high of $50.79. The company has a market capitalization of $40.41 billion, a price-to-earnings ratio of 109.87 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.