12,827 Shares in JPMorgan Ultra-Short Income ETF $JPST Acquired by Safeguard Investment Advisory Group LLC

Safeguard Investment Advisory Group LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,827 shares of the company’s stock, valued at approximately $649,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Cardiff Park Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth $25,000. Sittner & Nelson LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $30,000. Motiv8 Investments LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $32,000. Beacon Financial Strategies CORP bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $34,000. Finally, TD Private Client Wealth LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 89.1% in the 4th quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock worth $38,000 after acquiring an additional 350 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.37 on Thursday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.35 and a fifty-two week high of $50.79. The firm has a fifty day moving average price of $50.48 and a two-hundred day moving average price of $50.52. The firm has a market cap of $40.28 billion, a price-to-earnings ratio of 109.50 and a beta of 0.01.

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.