20,421 Shares in JPMorgan Ultra-Short Income ETF $JPST Acquired by Founders Financial Securities LLC

Founders Financial Securities LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,421 shares of the company’s stock, valued at approximately $1,033,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Millennium Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 23.0% in the 1st quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock worth $12,575,000 after acquiring an additional 46,400 shares during the period. Goldman Sachs Group Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter worth approximately $3,603,000. EverSource Wealth Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 99.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock worth $50,000 after acquiring an additional 496 shares during the period. First Trust Advisors LP purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $203,000. Finally, Brown Advisory Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 7.6% in the 2nd quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock worth $310,000 after acquiring an additional 431 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.4%

NYSEARCA JPST opened at $50.44 on Tuesday. The stock has a market cap of $37.49 billion, a PE ratio of 109.65 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.42 and a fifty-two week high of $50.79. The business has a 50 day moving average price of $50.53 and a two-hundred day moving average price of $50.61.

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.