JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Aspen Wealth Management LLC

Aspen Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 281,556 shares of the company’s stock after purchasing an additional 19,462 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 2.3% of Aspen Wealth Management LLC’s holdings, making the stock its 10th biggest holding. Aspen Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $14,182,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Strengthening Families & Communities LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $28,000. Motiv8 Investments LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $32,000. Beacon Financial Strategies CORP acquired a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $34,000. Allied Private Wealth LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at about $38,000. Finally, Rice Partnership LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 327.5% during the first quarter. Rice Partnership LLC now owns 855 shares of the company’s stock valued at $43,000 after buying an additional 655 shares in the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Down 0.0%

JPST stock traded down $0.01 during mid-day trading on Wednesday, reaching $50.30. 4,468,439 shares of the stock traded hands, compared to its average volume of 6,792,516. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.79. The company has a market cap of $42.42 billion, a P/E ratio of 109.34 and a beta of 0.01. The stock’s fifty day moving average is $50.40 and its 200-day moving average is $50.47.

About JPMorgan Ultra-Short Income ETF

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.