Souders Financial Advisors Raises Holdings in JPMorgan Ultra-Short Income ETF $JPST

Souders Financial Advisors lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.7% in the third quarter, Holdings Channel.com reports. The fund owned 404,689 shares of the company’s stock after purchasing an additional 17,997 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 2.4% of Souders Financial Advisors’ portfolio, making the stock its 10th largest holding. Souders Financial Advisors’ holdings in JPMorgan Ultra-Short Income ETF were worth $20,530,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Rossmore Private Capital bought a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $25,000. Brentview Investment Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at about $35,000. Silicon Valley Capital Partners bought a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth about $37,000. American National Bank & Trust purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter worth about $38,000. Finally, Quaker Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 173.1% in the second quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after buying an additional 1,906 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.78 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.79. The stock’s 50 day simple moving average is $50.68 and its two-hundred day simple moving average is $50.66. The stock has a market cap of $36.43 billion, a price-to-earnings ratio of 110.39 and a beta of 0.01.

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.