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

MBM Wealth Consultants LLC increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 604,634 shares of the company’s stock after acquiring an additional 43,672 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 5.6% of MBM Wealth Consultants LLC’s holdings, making the stock its 4th largest position. MBM Wealth Consultants LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $30,455,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Stewardship Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 1.6% during the third quarter. Stewardship Advisors LLC now owns 85,603 shares of the company’s stock valued at $4,312,000 after acquiring an additional 1,325 shares during the last quarter. Tred Avon Family Wealth LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth $469,000. Mayfair Advisory Group LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 28.2% in the third quarter. Mayfair Advisory Group LLC now owns 82,167 shares of the company’s stock worth $4,139,000 after purchasing an additional 18,062 shares during the last quarter. Smithbridge Asset Management Inc. DE increased its holdings in JPMorgan Ultra-Short Income ETF by 7.2% in the third quarter. Smithbridge Asset Management Inc. DE now owns 94,280 shares of the company’s stock valued at $4,749,000 after purchasing an additional 6,297 shares during the period. Finally, Novem Group raised its position in JPMorgan Ultra-Short Income ETF by 2.9% during the 3rd quarter. Novem Group now owns 66,907 shares of the company’s stock worth $3,370,000 after purchasing an additional 1,891 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA JPST traded up $0.01 during trading on Tuesday, reaching $50.34. The company had a trading volume of 5,165,633 shares, compared to its average volume of 6,843,533. The stock has a market cap of $42.53 billion, a P/E ratio of 109.45 and a beta of 0.01. The company’s fifty day moving average price is $50.39 and its 200-day moving average price is $50.46. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79.

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.