16,932 Shares in JPMorgan Ultra-Short Income ETF $JPST Bought by Principle Wealth Partners LLC

Principle Wealth Partners LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 16,932 shares of the company’s stock, valued at approximately $857,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Axxcess Wealth Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 568.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock worth $393,694,000 after acquiring an additional 6,617,940 shares during the last quarter. Keystone Financial Group boosted its position in shares of JPMorgan Ultra-Short Income ETF by 63.1% during the fourth quarter. Keystone Financial Group now owns 31,609 shares of the company’s stock worth $1,599,000 after acquiring an additional 12,228 shares during the last quarter. Kingdom Financial Group LLC. bought a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $100,000. FourThought Financial Partners LLC lifted its position in JPMorgan Ultra-Short Income ETF by 5.8% during the fourth quarter. FourThought Financial Partners LLC now owns 25,216 shares of the company’s stock valued at $1,276,000 after purchasing an additional 1,393 shares during the last quarter. Finally, Copia Wealth Management bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $43,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

JPST stock opened at $50.53 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.42 and a 52 week high of $50.79. The company has a fifty day simple moving average of $50.53 and a two-hundred day simple moving average of $50.62. The firm has a market capitalization of $37.56 billion, a P/E ratio of 109.85 and a beta of 0.01.

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.