Retirement Income Solutions Inc. Has $47.70 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Retirement Income Solutions Inc. raised its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 940,277 shares of the company’s stock after buying an additional 12,626 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 8.2% of Retirement Income Solutions Inc.’s portfolio, making the stock its 2nd largest holding. Retirement Income Solutions Inc. owned about 0.14% of JPMorgan Ultra-Short Income ETF worth $47,700,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Centurion Wealth Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 2.0% during the second quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock worth $515,000 after acquiring an additional 200 shares in the last quarter. Kathleen S. Wright Associates Inc. increased its position in shares of JPMorgan Ultra-Short Income ETF by 2.3% during the 2nd quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock worth $497,000 after purchasing an additional 220 shares during the last quarter. Keel Point LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 1.4% during the 2nd quarter. Keel Point LLC now owns 17,002 shares of the company’s stock worth $862,000 after purchasing an additional 239 shares in the last quarter. CWC Advisors LLC. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.1% in the 2nd quarter. CWC Advisors LLC. now owns 5,468 shares of the company’s stock valued at $277,000 after buying an additional 263 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 7.2% in the second quarter. First Horizon Advisors Inc. now owns 3,965 shares of the company’s stock valued at $201,000 after buying an additional 265 shares in the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

NYSEARCA JPST opened at $50.70 on Monday. The firm’s fifty day moving average price is $50.67 and its two-hundred day moving average price is $50.63. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.78. The firm has a market capitalization of $34.24 billion, a P/E ratio of 110.22 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.