Walkner Condon Financial Advisors LLC Acquires 13,050 Shares of JPMorgan Ultra-Short Income ETF $JPST

Walkner Condon Financial Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 95,814 shares of the company’s stock after purchasing an additional 13,050 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,848,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Cardiff Park Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at about $25,000. Jackson Hole Capital Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $28,000. Sittner & Nelson LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $30,000. Motiv8 Investments LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $32,000. Finally, TD Private Client Wealth LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 89.1% during the 4th quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock valued at $38,000 after acquiring an additional 350 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.42 on Friday. The stock’s 50 day simple moving average is $50.51 and its 200 day simple moving average is $50.59. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.39 and a twelve month high of $50.79. The company has a market capitalization of $39.27 billion, a price-to-earnings ratio of 109.61 and a beta of 0.01.

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.