Three Seasons Wealth LLC Buys 144,575 Shares of JPMorgan Ultra-Short Income ETF $JPST

Three Seasons Wealth LLC raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2,421.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 150,545 shares of the company’s stock after buying an additional 144,575 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 0.8% of Three Seasons Wealth LLC’s holdings, making the stock its 10th largest holding. Three Seasons Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,637,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Chelsea Counsel Co. acquired a new position in JPMorgan Ultra-Short Income ETF during the first quarter worth $25,000. Brentview Investment Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at $35,000. Silicon Valley Capital Partners acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $37,000. Quaker Wealth Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 173.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after buying an additional 1,906 shares in the last quarter. Finally, Vestor Capital LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $41,000. 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 $50.75 on Monday. The stock has a market cap of $34.28 billion, a P/E ratio of 110.33 and a beta of 0.01. The company has a 50-day moving average of $50.67 and a two-hundred day moving average of $50.64. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.78.

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.