Goldstone Financial Group LLC Has $10.65 Million Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Goldstone Financial Group LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 31.7% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 210,340 shares of the company’s stock after buying an additional 50,640 shares during the period. JPMorgan Ultra-Short Income ETF makes up 1.6% of Goldstone Financial Group LLC’s portfolio, making the stock its 17th largest holding. Goldstone Financial Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,650,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Howe & Rusling Inc. bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $26,000. Logan Capital Management Inc. bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $27,000. Maryland Capital Advisors Inc. bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $31,000. Cyrus J. Lawrence LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $31,000. Finally, Cullen Frost Bankers Inc. bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $33,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.52 on Friday. The company’s 50 day moving average price is $50.50 and its two-hundred day moving average price is $50.50. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.25 and a 12-month high of $50.75.

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.