Keystone Financial Group Grows Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Keystone Financial Group increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 63.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,609 shares of the company’s stock after buying an additional 12,228 shares during the quarter. Keystone Financial Group’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,599,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in JPST. Millennium Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 23.0% during the 1st quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock valued at $12,575,000 after buying an additional 46,400 shares during the period. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter valued at approximately $3,603,000. EverSource Wealth Advisors LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 99.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock valued at $50,000 after buying an additional 496 shares during the period. First Trust Advisors LP purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $203,000. Finally, Brown Advisory Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 7.6% during the 2nd quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock valued at $310,000 after buying an additional 431 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.54 on Friday. The firm has a market cap of $37.56 billion, a PE ratio of 109.87 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.42 and a one year high of $50.79. The firm’s 50 day moving average price is $50.53 and its 200-day moving average price is $50.62.

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.