JPMorgan Ultra-Short Income ETF $JPST Shares Newly Acquired by TFB Advisors LLC

TFB Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 19,293 shares of the company’s stock, valued at approximately $972,000.

Several other hedge funds also recently bought and sold shares of the stock. Whipplewood Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 1.2% during the first quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock valued at $936,000 after acquiring an additional 227 shares during the last quarter. Blueline Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 9.2% in the 3rd quarter. Blueline Advisors LLC now owns 2,746 shares of the company’s stock valued at $138,000 after acquiring an additional 232 shares during the period. Vista Cima Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 0.7% in the 2nd quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock valued at $1,766,000 after acquiring an additional 239 shares during the period. Hughes Financial Services LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 75.8% in the 3rd quarter. Hughes Financial Services LLC now owns 589 shares of the company’s stock valued at $30,000 after acquiring an additional 254 shares during the period. Finally, Gerald Baker Financial Group LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.1% in the 3rd quarter. Gerald Baker Financial Group LLC now owns 8,382 shares of the company’s stock worth $422,000 after acquiring an additional 255 shares during the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.28 on Friday. The firm’s 50 day moving average price is $50.35 and its 200-day moving average price is $50.50. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79. The firm has a market cap of $42.50 billion, a P/E ratio of 109.30 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.