JPMorgan Ultra-Short Income ETF $JPST Stock: Intrua Financial LLC Increases Stake

Intrua Financial LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 131,536 shares of the company’s stock after acquiring an additional 13,213 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 0.6% of Intrua Financial LLC’s investment portfolio, making the stock its 28th biggest holding. Intrua Financial LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,625,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Strengthening Families & Communities LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $28,000. Beacon Financial Strategies CORP acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $34,000. Allied Private Wealth LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $38,000. Rice Partnership LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 327.5% in the first quarter. Rice Partnership LLC now owns 855 shares of the company’s stock valued at $43,000 after acquiring an additional 655 shares during the period. Finally, Abound Wealth Management boosted its position in shares of JPMorgan Ultra-Short Income ETF by 1,963.3% in the second quarter. Abound Wealth Management now owns 1,011 shares of the company’s stock valued at $51,000 after acquiring an additional 962 shares during the period. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.43 on Friday. The stock has a market cap of $42.55 billion, a P/E ratio of 109.63 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79. The company has a fifty day moving average price of $50.37 and a 200 day moving average price of $50.50.

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.