JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Ironwood Wealth Management Inc.

Ironwood Wealth Management Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 468,711 shares of the company’s stock after acquiring an additional 32,859 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 10.9% of Ironwood Wealth Management Inc.’s portfolio, making the stock its 2nd largest holding. Ironwood Wealth Management Inc. owned 0.07% of JPMorgan Ultra-Short Income ETF worth $23,736,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Chelsea Counsel Co. purchased a new position in JPMorgan Ultra-Short Income ETF during the first quarter worth approximately $25,000. Brentview Investment Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $35,000. Silicon Valley Capital Partners purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $37,000. Frazier Financial Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $41,000. Finally, Quaker Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 173.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after acquiring an additional 1,906 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.70 on Tuesday. The firm’s fifty day simple moving average is $50.67 and its two-hundred day simple moving average is $50.63. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.78. The company has a market cap of $34.24 billion, a price-to-earnings ratio of 110.22 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.