JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Founders Financial Alliance LLC

Founders Financial Alliance LLC increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 120,852 shares of the company’s stock after buying an additional 11,364 shares during the period. JPMorgan Ultra-Short Income ETF comprises 1.2% of Founders Financial Alliance LLC’s portfolio, making the stock its 17th largest holding. Founders Financial Alliance LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,114,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of JPST. Lakeridge Wealth Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 4.5% in the 4th quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock worth $241,000 after buying an additional 206 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock worth $434,000 after acquiring an additional 221 shares during the period. Lantern Wealth Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.0% in the 3rd 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 holdings in shares of JPMorgan Ultra-Short Income ETF by 1.6% in the 3rd 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 holdings 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 acquiring an additional 239 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

JPST stock opened at $50.48 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.41 and a fifty-two week high of $50.79. The firm’s 50-day simple moving average is $50.51 and its 200 day simple moving average is $50.60. The stock has a market cap of $37.52 billion, a PE ratio of 109.74 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.