817 Shares in JPMorgan Ultra-Short Income ETF $JPST Acquired by Frazier Financial Advisors LLC

Frazier Financial Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 817 shares of the company’s stock, valued at approximately $41,000.

Several other large investors have also made changes to their positions in the company. Naviter Wealth LLC boosted its position in JPMorgan Ultra-Short Income ETF by 111.8% in the second quarter. Naviter Wealth LLC now owns 958,195 shares of the company’s stock valued at $48,561,000 after buying an additional 505,738 shares in the last quarter. Axxcess Wealth Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 4.5% in the second quarter. Axxcess Wealth Management LLC now owns 1,181,376 shares of the company’s stock valued at $59,872,000 after buying an additional 50,880 shares in the last quarter. Elmwood Wealth Management Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 8.1% in the second quarter. Elmwood Wealth Management Inc. now owns 119,156 shares of the company’s stock valued at $6,039,000 after buying an additional 8,896 shares in the last quarter. NorthRock Partners LLC boosted its position in JPMorgan Ultra-Short Income ETF by 74.4% in the second quarter. NorthRock Partners LLC now owns 5,623 shares of the company’s stock valued at $285,000 after buying an additional 2,398 shares in the last quarter. Finally, Endowment Wealth Management Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 12.0% in the second quarter. Endowment Wealth Management Inc. now owns 61,385 shares of the company’s stock valued at $3,111,000 after buying an additional 6,601 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.65 on Tuesday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.76. The firm has a market capitalization of $34.15 billion, a P/E ratio of 110.11 and a beta of 0.03. The company’s 50 day moving average price is $50.66 and its two-hundred day moving average price is $50.57.

JPMorgan Ultra-Short Income ETF Company 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.