TPG Financial Advisors LLC Acquires 18,183 Shares of JPMorgan Ultra-Short Income ETF $JPST

TPG Financial Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 60.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,492 shares of the company’s stock after purchasing an additional 18,183 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 0.8% of TPG Financial Advisors LLC’s investment portfolio, making the stock its 29th largest position. TPG Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,453,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in JPST. Rossmore Private Capital purchased a new stake in JPMorgan Ultra-Short Income ETF during the third quarter worth about $25,000. Cardiff Park Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $25,000. Jackson Hole Capital Partners LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $28,000. MGB Wealth Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at approximately $30,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $38,000. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Down 0.0%

NYSEARCA:JPST opened at $50.49 on Wednesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.42 and a 12 month high of $50.79. The firm’s 50 day moving average is $50.53 and its 200 day moving average is $50.62. The stock has a market capitalization of $37.53 billion, a PE ratio of 109.76 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.