Tempus Wealth Planning LLC Invests $208,000 in JPMorgan Ultra-Short Income ETF $JPST

Tempus Wealth Planning LLC purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,114 shares of the company’s stock, valued at approximately $208,000.

Several other hedge funds have also added to or reduced their stakes in JPST. Temasek Holdings Private Ltd bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter worth about $842,655,000. JPMorgan Chase & Co. increased its stake in JPMorgan Ultra-Short Income ETF by 2.7% during the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock worth $5,068,793,000 after purchasing an additional 2,598,084 shares in the last quarter. LPL Financial LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 19.4% during the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock worth $767,511,000 after buying an additional 2,464,430 shares during the period. Exchange Traded Concepts LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 1,058.1% during the 1st quarter. Exchange Traded Concepts LLC now owns 1,740,737 shares of the company’s stock worth $88,134,000 after buying an additional 1,590,431 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 22.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after buying an additional 1,265,522 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

JPMorgan Ultra-Short Income ETF stock opened at $50.74 on Monday. The company has a 50 day moving average of $50.65 and a 200-day moving average of $50.57. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.75. The stock has a market capitalization of $32.40 billion, a PE ratio of 110.30 and a beta of 0.03.

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.