Bfsg LLC Increases Holdings in JPMorgan Ultra-Short Income ETF $JPST

Bfsg LLC grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 226,834 shares of the company’s stock after acquiring an additional 15,638 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 1.1% of Bfsg LLC’s portfolio, making the stock its 17th biggest holding. Bfsg LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,507,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of JPST. Brentview Investment Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $35,000. Silicon Valley Capital Partners bought a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $37,000. American National Bank & Trust purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $38,000. Frazier Financial Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $41,000. Finally, Quaker Wealth Management LLC increased its position in shares of 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 valued at $41,000 after acquiring an additional 1,906 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA JPST opened at $50.67 on Friday. The firm has a market cap of $35.95 billion, a P/E ratio of 110.15 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.78. The company has a 50 day moving average of $50.66 and a 200 day moving average of $50.65.

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.