Financial Futures Ltd Liability Co. Acquires 46,002 Shares of JPMorgan Ultra-Short Income ETF $JPST

Financial Futures Ltd Liability Co. increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 287.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,008 shares of the company’s stock after buying an additional 46,002 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 1.5% of Financial Futures Ltd Liability Co.’s holdings, making the stock its 18th largest position. Financial Futures Ltd Liability Co.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,146,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Brentview Investment Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $35,000. Silicon Valley Capital Partners acquired a new position in JPMorgan Ultra-Short Income ETF in the second quarter valued at about $37,000. American National Bank & Trust bought a new stake in JPMorgan Ultra-Short Income ETF during the third quarter worth about $38,000. Quaker Wealth Management LLC lifted its position in JPMorgan Ultra-Short Income ETF by 173.1% during the second quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after purchasing an additional 1,906 shares during the period. Finally, Vestor Capital LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth about $41,000. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of NYSEARCA:JPST opened at $50.65 on Tuesday. The firm has a 50 day moving average of $50.66 and a 200-day moving average of $50.65. The stock has a market capitalization of $35.87 billion, a PE ratio of 110.11 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.78.

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.