Symphony Financial Ltd. Co. Raises Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Symphony Financial Ltd. Co. increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 19.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 214,738 shares of the company’s stock after purchasing an additional 34,936 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 1.2% of Symphony Financial Ltd. Co.’s holdings, making the stock its 22nd largest holding. Symphony Financial Ltd. Co.’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,861,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Cardiff Park Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $25,000. Sittner & Nelson LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $30,000. Motiv8 Investments LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $32,000. Beacon Financial Strategies CORP purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $34,000. Finally, TD Private Client Wealth LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 89.1% during the fourth quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock valued at $38,000 after buying an additional 350 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.36 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.35 and a 1 year high of $50.79. The firm’s 50 day moving average price is $50.49 and its 200 day moving average price is $50.53. The firm has a market cap of $40.27 billion, a P/E ratio of 109.48 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.