Mosley Wealth Management Buys Shares of 45,884 JPMorgan Ultra-Short Income ETF $JPST

Mosley Wealth Management bought a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 45,884 shares of the company’s stock, valued at approximately $2,323,000. JPMorgan Ultra-Short Income ETF accounts for 1.1% of Mosley Wealth Management’s holdings, making the stock its 22nd largest position.

A number of other institutional investors also recently modified their holdings of JPST. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 10.1% during the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock valued at $5,386,450,000 after buying an additional 9,729,791 shares during the period. Axxcess Wealth Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 568.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock valued at $393,694,000 after buying an additional 6,617,940 shares during the period. Temasek Holdings Private Ltd acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $300,296,000. Bank of America Corp DE boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after buying an additional 2,162,615 shares during the period. Finally, LPL Financial LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after buying an additional 1,459,312 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

Shares of NYSEARCA:JPST opened at $50.48 on Friday. The firm has a fifty day moving average of $50.51 and a two-hundred day moving average of $50.60. The firm has a market capitalization of $37.52 billion, a P/E ratio of 109.74 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.41 and a 12-month high of $50.79.

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.