Muirfield Wealth Advisors LLC Increases Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Muirfield Wealth Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,326 shares of the company’s stock after acquiring an additional 286 shares during the quarter. Muirfield Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $219,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Chelsea Counsel Co. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter valued at $25,000. Pandora Wealth Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter valued at $34,000. Cooksen Wealth LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter valued at $36,000. TD Private Client Wealth LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $48,000. Finally, Sound Income Strategies LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 54.9% during the 2nd quarter. Sound Income Strategies LLC now owns 1,162 shares of the company’s stock valued at $59,000 after acquiring an additional 412 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

NYSEARCA:JPST opened at $50.64 on Friday. The firm has a market capitalization of $34.15 billion, a price-to-earnings ratio of 110.09 and a beta of 0.03. The firm’s fifty day simple moving average is $50.65 and its 200 day simple moving average is $50.57. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.76.

JPMorgan Ultra-Short Income ETF Company 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.