AIFG Consultants Ltd. Raises Position in JPMorgan Ultra-Short Income ETF $JPST

AIFG Consultants Ltd. boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,611 shares of the company’s stock after buying an additional 1,723 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 1.8% of AIFG Consultants Ltd.’s portfolio, making the stock its 14th largest position. AIFG Consultants Ltd.’s holdings in JPMorgan Ultra-Short Income ETF were worth $943,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of JPST. Chelsea Counsel Co. purchased a new stake in JPMorgan Ultra-Short Income ETF in the first quarter worth about $25,000. Pandora Wealth Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $34,000. Cooksen Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $36,000. TD Private Client Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $48,000. Finally, Sound Income Strategies LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 54.9% during the second quarter. Sound Income Strategies LLC now owns 1,162 shares of the company’s stock valued at $59,000 after purchasing 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 Stock Performance

JPST stock opened at $50.61 on Friday. The firm has a 50 day moving average price of $50.65 and a 200-day moving average price of $50.57. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.76. The firm has a market capitalization of $34.00 billion, a price-to-earnings ratio of 110.02 and a beta of 0.03.

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.