JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Freedom Financial Partners LLC

Freedom Financial Partners LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 39.5% in the first quarter, Holdings Channel.com reports. The fund owned 64,785 shares of the company’s stock after buying an additional 18,329 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 1.2% of Freedom Financial Partners LLC’s portfolio, making the stock its 22nd largest holding. Freedom Financial Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,279,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Cardiff Park Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth about $25,000. Jackson Hole Capital Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $28,000. Sittner & Nelson LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $30,000. MGB Wealth Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $30,000. Finally, Motiv8 Investments LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.50 on Friday. The firm has a market cap of $37.53 billion, a price-to-earnings ratio of 109.78 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.41 and a 52 week high of $50.79. The business’s 50 day moving average is $50.52 and its two-hundred day moving average is $50.59.

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.