Western Wealth Management LLC Purchases 38,262 Shares of JPMorgan Ultra-Short Income ETF $JPST

Western Wealth Management LLC lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 55.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 106,744 shares of the company’s stock after buying an additional 38,262 shares during the quarter. Western Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,402,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of JPST. Cardiff Park Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $25,000. Jackson Hole Capital Partners LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $28,000. Sittner & Nelson LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $30,000. Motiv8 Investments LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $32,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $38,000. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.54 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.39 and a 52 week high of $50.79. The firm has a market capitalization of $40.35 billion, a PE ratio of 109.87 and a beta of 0.01. The business’s 50-day simple moving average is $50.49 and its 200-day simple moving average is $50.56.

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.