87,491 JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by NFSG Corp

NFSG Corp increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 47.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 272,370 shares of the company’s stock after acquiring an additional 87,491 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 1.4% of NFSG Corp’s investment portfolio, making the stock its 20th biggest position. NFSG Corp’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,719,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in JPST. Rose Capital Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $543,000. Integrated Wealth Concepts LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 3.3% during the second quarter. Integrated Wealth Concepts LLC now owns 1,168,286 shares of the company’s stock valued at $59,080,000 after buying an additional 37,846 shares during the last quarter. Worth Asset Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 81.2% in the third quarter. Worth Asset Management LLC now owns 187,616 shares of the company’s stock worth $9,450,000 after buying an additional 84,093 shares during the period. Beacon Financial Advisory LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 14.0% in the second quarter. Beacon Financial Advisory LLC now owns 168,730 shares of the company’s stock worth $8,533,000 after buying an additional 20,732 shares during the period. Finally, First Citizens Financial Corp raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 31.8% in the third quarter. First Citizens Financial Corp now owns 139,734 shares of the company’s stock worth $7,038,000 after buying an additional 33,723 shares during the period. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.32 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.79. The firm has a market capitalization of $42.44 billion, a P/E ratio of 109.39 and a beta of 0.01. The stock has a 50 day moving average price of $50.39 and a 200 day moving average price of $50.46.

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.