20,421 Shares in JPMorgan Ultra-Short Income ETF $JPST Purchased by Founders Financial Securities LLC

Founders Financial Securities LLC acquired a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 20,421 shares of the company’s stock, valued at approximately $1,033,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cardiff Park Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $25,000. Jackson Hole Capital Partners LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $28,000. MGB Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $30,000. Halbert Hargrove Global Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $38,000. Finally, TD Private Client Wealth LLC raised its stake in JPMorgan Ultra-Short Income ETF by 89.1% in the 4th quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock valued at $38,000 after purchasing an additional 350 shares during the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Down 0.4%

Shares of JPST stock opened at $50.44 on Tuesday. The firm has a 50-day moving average price of $50.53 and a 200 day moving average price of $50.61. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.42 and a twelve month high of $50.79. The company has a market capitalization of $37.49 billion, a price-to-earnings ratio of 109.65 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.