StrongBox Wealth LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 6.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 655,672 shares of the company’s stock after acquiring an additional 37,285 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 8.8% of StrongBox Wealth LLC’s holdings, making the stock its biggest holding. StrongBox Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $33,026,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Strengthening Families & Communities LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $28,000. Hughes Financial Services LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 75.8% in the 3rd quarter. Hughes Financial Services LLC now owns 589 shares of the company’s stock valued at $30,000 after purchasing an additional 254 shares during the last quarter. Beacon Financial Strategies CORP purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $34,000. Allied Private Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $38,000. Finally, Rice Partnership LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 327.5% in the 1st quarter. Rice Partnership LLC now owns 855 shares of the company’s stock valued at $43,000 after purchasing an additional 655 shares during the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Trading Up 0.0%
Shares of JPST opened at $50.28 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.79. The firm’s fifty day simple moving average is $50.35 and its 200-day simple moving average is $50.50. The firm has a market capitalization of $42.50 billion, a price-to-earnings ratio of 109.30 and a beta of 0.01.
JPMorgan Ultra-Short Income ETF 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.
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