Bfsg LLC Raises Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Bfsg LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 226,834 shares of the company’s stock after acquiring an additional 15,638 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 1.1% of Bfsg LLC’s investment portfolio, making the stock its 17th biggest holding. Bfsg LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,507,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Kathleen S. Wright Associates Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 2.3% in the second quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock worth $497,000 after purchasing an additional 220 shares during the last quarter. Sax Wealth Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 2.7% during the 3rd quarter. Sax Wealth Advisors LLC now owns 8,306 shares of the company’s stock valued at $421,000 after buying an additional 220 shares during the last quarter. Daner Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.1% during the 3rd quarter. Daner Wealth Management LLC now owns 21,885 shares of the company’s stock valued at $1,110,000 after buying an additional 236 shares during the period. Keel Point LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the 2nd quarter. Keel Point LLC now owns 17,002 shares of the company’s stock worth $862,000 after buying an additional 239 shares during the last quarter. Finally, JDM Financial Group LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 1.9% in the 3rd quarter. JDM Financial Group LLC now owns 13,122 shares of the company’s stock worth $666,000 after buying an additional 249 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.67 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.78. The stock has a fifty day moving average of $50.66 and a 200 day moving average of $50.65. The stock has a market cap of $35.95 billion, a PE ratio of 110.15 and a beta of 0.01.

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.