Keystone Financial Group Increases Position in JPMorgan Ultra-Short Income ETF $JPST

Keystone Financial Group raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 63.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,609 shares of the company’s stock after purchasing an additional 12,228 shares during the quarter. Keystone Financial Group’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,599,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Archer Investment Corp raised its position in JPMorgan Ultra-Short Income ETF by 11.2% in the third quarter. Archer Investment Corp now owns 1,991 shares of the company’s stock valued at $101,000 after purchasing an additional 200 shares during the period. Lakeridge Wealth Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 4.5% in the fourth quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock valued at $241,000 after purchasing an additional 206 shares during the period. Lantern Wealth Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 5.0% during the third quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock worth $240,000 after acquiring an additional 226 shares during the period. Condor Capital Management increased its position in shares of JPMorgan Ultra-Short Income ETF by 1.6% during the third quarter. Condor Capital Management now owns 14,607 shares of the company’s stock worth $741,000 after acquiring an additional 231 shares during the period. Finally, Keel Point LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 1.4% during the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock worth $862,000 after acquiring an additional 239 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPMorgan Ultra-Short Income ETF stock opened at $50.54 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.42 and a twelve month high of $50.79. The stock’s fifty day simple moving average is $50.53 and its 200-day simple moving average is $50.62. The firm has a market capitalization of $37.56 billion, a P/E 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.