Matthew Goff Investment Advisor LLC Purchases 27,911 Shares of JPMorgan Ultra-Short Income ETF $JPST

Matthew Goff Investment Advisor LLC grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 23.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,626 shares of the company’s stock after purchasing an additional 27,911 shares during the period. JPMorgan Ultra-Short Income ETF makes up 1.3% of Matthew Goff Investment Advisor LLC’s portfolio, making the stock its 24th biggest holding. Matthew Goff Investment Advisor LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,438,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Enclave Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 20.8% during the third quarter. Enclave Advisors LLC now owns 268,327 shares of the company’s stock worth $13,612,000 after buying an additional 46,252 shares in the last quarter. Revisor Wealth Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 129.1% during the third quarter. Revisor Wealth Management LLC now owns 29,227 shares of the company’s stock worth $1,479,000 after purchasing an additional 16,470 shares in the last quarter. Red Mountain Financial LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 5.3% in the third quarter. Red Mountain Financial LLC now owns 39,211 shares of the company’s stock worth $1,989,000 after purchasing an additional 1,966 shares during the last quarter. Able Wealth Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $378,000. Finally, Highline Wealth Partners LLC lifted its position in JPMorgan Ultra-Short Income ETF by 3.9% during the third quarter. Highline Wealth Partners LLC now owns 461,847 shares of the company’s stock valued at $23,429,000 after purchasing an additional 17,417 shares during the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.70 on Wednesday. The company’s fifty day moving average price is $50.67 and its 200-day moving average price is $50.64. The firm has a market capitalization of $34.24 billion, a price-to-earnings ratio of 110.22 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.78.

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.