OakTrust Wealth Advisors LLC Invests $5.50 Million in JPMorgan Ultra-Short Income ETF $JPST

OakTrust Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPSTFree Report) in the fourth quarter, Holdings Channel reports. The fund purchased 108,702 shares of the company’s stock, valued at approximately $5,499,000. JPMorgan Ultra-Short Income ETF accounts for approximately 5.1% of OakTrust Wealth Advisors LLC’s investment portfolio, making the stock its 6th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JPST. Cardiff Park Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $25,000. Jackson Hole Capital Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $28,000. MGB Wealth Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $30,000. Sittner & Nelson LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $30,000. Finally, Motiv8 Investments LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $32,000. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPST stock opened at $50.50 on Friday. The stock’s 50 day simple moving average is $50.52 and its 200 day simple moving average is $50.59. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.41 and a 12-month high of $50.79. The firm has a market cap of $37.53 billion, a P/E ratio of 109.78 and a beta of 0.01.

About JPMorgan Ultra-Short Income ETF

(Free Report)

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.

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Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPSTFree Report).

Institutional Ownership by Quarter for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

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