JPMorgan Ultra-Short Income ETF $JPST Stock Holdings Increased by MBM Wealth Consultants LLC

MBM Wealth Consultants LLC grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 481,467 shares of the company’s stock after acquiring an additional 20,451 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 5.6% of MBM Wealth Consultants LLC’s holdings, making the stock its 5th largest holding. MBM Wealth Consultants LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $24,367,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of JPST. JPMorgan Chase & Co. increased its position in JPMorgan Ultra-Short Income ETF by 10.1% in the fourth quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after purchasing an additional 9,729,791 shares during the last quarter. Axxcess Wealth Management LLC lifted its position in JPMorgan Ultra-Short Income ETF by 568.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock valued at $393,694,000 after purchasing an additional 6,617,940 shares during the last quarter. Temasek Holdings Private Ltd bought a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at $300,296,000. Bank of America Corp DE grew its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after buying an additional 2,162,615 shares in the last quarter. Finally, LPL Financial LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after buying an additional 1,459,312 shares in the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPMorgan Ultra-Short Income ETF stock opened at $50.53 on Thursday. The company’s 50-day moving average price is $50.52 and its 200-day moving average price is $50.59. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.41 and a twelve month high of $50.79. The company has a market cap of $37.56 billion, a PE ratio of 109.85 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF Company 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.