Yarger Wealth Strategies LLC Acquires 6,139 Shares of JPMorgan Ultra-Short Income ETF $JPST

Yarger Wealth Strategies LLC lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.7% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 33,184 shares of the company’s stock after purchasing an additional 6,139 shares during the period. Yarger Wealth Strategies LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,682,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in JPST. Temasek Holdings Private Ltd bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth approximately $842,655,000. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 2.7% in the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock worth $5,068,793,000 after purchasing an additional 2,598,084 shares during the period. LPL Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 19.4% in the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock worth $767,511,000 after purchasing an additional 2,464,430 shares during the period. Exchange Traded Concepts LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 1,058.1% in the 1st quarter. Exchange Traded Concepts LLC now owns 1,740,737 shares of the company’s stock worth $88,134,000 after purchasing an additional 1,590,431 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 22.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after purchasing an additional 1,265,522 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

Shares of NYSEARCA:JPST opened at $50.64 on Monday. The firm’s 50 day moving average price is $50.65 and its 200-day moving average price is $50.57. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.76. The stock has a market capitalization of $34.15 billion, a PE ratio of 110.09 and a beta of 0.03.

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.