Firestone Capital Management Has $9.25 Million Position in JPMorgan Ultra-Short Income ETF $JPST

Firestone Capital Management increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 45.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 182,866 shares of the company’s stock after purchasing an additional 56,789 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 1.7% of Firestone Capital Management’s portfolio, making the stock its 18th largest holding. Firestone Capital Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Sunburst Financial Group LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 3.9% during the second quarter. Sunburst Financial Group LLC now owns 49,295 shares of the company’s stock worth $2,493,000 after acquiring an additional 1,857 shares during the last quarter. SkyOak Wealth LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 5.8% in the second quarter. SkyOak Wealth LLC now owns 581,430 shares of the company’s stock valued at $29,403,000 after acquiring an additional 31,824 shares during the last quarter. Beacon Financial Advisory LLC increased its position in 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 purchasing an additional 20,732 shares during the period. Symphony Financial Ltd. Co. increased its position in JPMorgan Ultra-Short Income ETF by 19.4% in the second quarter. Symphony Financial Ltd. Co. now owns 214,738 shares of the company’s stock worth $10,861,000 after purchasing an additional 34,936 shares during the period. Finally, Requisite Capital Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 29.4% during the 2nd quarter. Requisite Capital Management LLC now owns 612,480 shares of the company’s stock worth $30,973,000 after purchasing an additional 139,271 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Down 0.4%

JPMorgan Ultra-Short Income ETF stock opened at $50.36 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.35 and a 1 year high of $50.79. The company has a market cap of $40.27 billion, a PE ratio of 109.48 and a beta of 0.01. The company’s 50-day moving average is $50.49 and its two-hundred day moving average is $50.53.

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.