JPMorgan Ultra-Short Income ETF $JPST Holdings Boosted by Security Financial Services INC.

Security Financial Services INC. grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.4% in the 2nd quarter, Holdings Channel reports. The firm owned 8,145 shares of the company’s stock after acquiring an additional 1,489 shares during the quarter. Security Financial Services INC.’s holdings in JPMorgan Ultra-Short Income ETF were worth $413,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Chelsea Counsel Co. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth about $25,000. Pandora Wealth Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth $34,000. Frazier Financial Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $41,000. Quaker Wealth Management LLC increased its holdings 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 valued at $41,000 after purchasing an additional 1,906 shares during the period. Finally, TD Private Client Wealth LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $48,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPST stock opened at $50.63 on Friday. The company has a market capitalization of $34.20 billion, a price-to-earnings ratio of 110.07 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.78. The firm has a 50 day moving average of $50.68 and a two-hundred day moving average of $50.60.

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.