Confluence Wealth Services Inc. Purchases 4,347 Shares of JPMorgan Ultra-Short Income ETF $JPST

Confluence Wealth Services Inc. boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 19.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,319 shares of the company’s stock after purchasing an additional 4,347 shares during the quarter. Confluence Wealth Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of JPST. Chelsea Counsel Co. bought a new stake in JPMorgan Ultra-Short Income ETF during the first quarter valued at $25,000. Pandora Wealth Inc. bought a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $34,000. Cooksen Wealth LLC bought a new position in 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 valued at about $48,000. Finally, Sound Income Strategies LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 54.9% during the 2nd quarter. Sound Income Strategies LLC now owns 1,162 shares of the company’s stock valued at $59,000 after acquiring an additional 412 shares during the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

Shares of NYSEARCA JPST opened at $50.61 on Monday. The business has a 50-day moving average of $50.65 and a 200-day moving average of $50.57. The firm has a market capitalization of $34.00 billion, a price-to-earnings ratio of 110.02 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.76.

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.