Yarger Wealth Strategies LLC Grows Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Yarger Wealth Strategies LLC grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 34.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,067 shares of the company’s stock after buying an additional 12,306 shares during the period. Yarger Wealth Strategies LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,425,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Buck Wealth Strategies LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 7.3% during the fourth quarter. Buck Wealth Strategies LLC now owns 283,986 shares of the company’s stock worth $14,367,000 after acquiring an additional 19,402 shares in the last quarter. Greenwood Gearhart Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 13.8% during the 4th quarter. Greenwood Gearhart Inc. now owns 1,587,784 shares of the company’s stock valued at $80,326,000 after purchasing an additional 192,915 shares during the period. Prosperitas Financial LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $1,874,000. TPG Financial Advisors LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 60.0% during the 4th quarter. TPG Financial Advisors LLC now owns 48,492 shares of the company’s stock worth $2,453,000 after purchasing an additional 18,183 shares in the last quarter. Finally, Investment Advisory Services Group LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $9,437,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.39 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.35 and a 1 year high of $50.79. The stock has a market capitalization of $40.29 billion, a PE ratio of 109.54 and a beta of 0.01. The company’s 50 day simple moving average is $50.48 and its two-hundred day simple moving average is $50.52.

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.