Mascoma Wealth Management LLC Acquires 12,019 Shares of JPMorgan Ultra-Short Income ETF $JPST

Mascoma Wealth Management LLC raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 430,219 shares of the company’s stock after buying an additional 12,019 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 4.7% of Mascoma Wealth Management LLC’s portfolio, making the stock its 6th largest holding. Mascoma Wealth Management LLC owned approximately 0.06% of JPMorgan Ultra-Short Income ETF worth $21,765,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Rossmore Private Capital acquired a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $25,000. Cardiff Park Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $25,000. Jackson Hole Capital Partners LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $28,000. MGB Wealth Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $30,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $38,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.50 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.42 and a 12-month high of $50.79. The stock has a market cap of $37.53 billion, a price-to-earnings ratio of 109.78 and a beta of 0.01. The business’s 50-day moving average is $50.54 and its 200 day moving average is $50.63.

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.