IVC Wealth Advisors LLC Invests $232,000 in JPMorgan Ultra-Short Income ETF $JPST

IVC Wealth Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 4,587 shares of the company’s stock, valued at approximately $232,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Chelsea Counsel Co. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $25,000. Pandora Wealth Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $34,000. Cooksen Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $36,000. TD Private Client Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $48,000. Finally, Sound Income Strategies LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 54.9% in the 2nd quarter. Sound Income Strategies LLC now owns 1,162 shares of the company’s stock worth $59,000 after purchasing an additional 412 shares during the period. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.61 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.76. The stock has a market cap of $34.00 billion, a P/E ratio of 110.02 and a beta of 0.03. The firm has a 50-day moving average of $50.65 and a 200 day moving average of $50.57.

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.