Syverson Strege & Co Purchases 24,722 Shares of JPMorgan Ultra-Short Income ETF $JPST

Syverson Strege & Co increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.7% in the third quarter, Holdings Channel.com reports. The firm owned 236,897 shares of the company’s stock after acquiring an additional 24,722 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 2.6% of Syverson Strege & Co’s portfolio, making the stock its 6th largest holding. Syverson Strege & Co’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,933,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in JPST. Whipplewood Advisors LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 1.2% in the 1st quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock valued at $936,000 after acquiring an additional 227 shares during the period. Blueline Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 9.2% during the third quarter. Blueline Advisors LLC now owns 2,746 shares of the company’s stock worth $138,000 after buying an additional 232 shares in the last quarter. Vista Cima Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.7% in the second quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock valued at $1,766,000 after purchasing an additional 239 shares during the last quarter. Hughes Financial Services LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 75.8% during the 3rd quarter. Hughes Financial Services LLC now owns 589 shares of the company’s stock worth $30,000 after buying an additional 254 shares during the last quarter. Finally, Gerald Baker Financial Group LLC grew its stake in JPMorgan Ultra-Short Income ETF by 3.1% in the third quarter. Gerald Baker Financial Group LLC now owns 8,382 shares of the company’s stock valued at $422,000 after purchasing an additional 255 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of JPST opened at $50.28 on Friday. The company’s fifty day simple moving average is $50.35 and its 200 day simple moving average is $50.50. The company has a market cap of $42.50 billion, a price-to-earnings ratio of 109.30 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.79.

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.