JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Sage Financial Group Inc.

Sage Financial Group Inc. raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,708 shares of the company’s stock after acquiring an additional 1,386 shares during the quarter. Sage Financial Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,266,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in JPST. Chelsea Counsel Co. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth about $25,000. Pandora Wealth Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth $34,000. Cooksen Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at $36,000. TD Private Client Wealth LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth about $48,000. Finally, Sound Income Strategies LLC boosted its stake in 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 buying an additional 412 shares during the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

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

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.