Retirement Income Solutions Inc. Buys 12,626 Shares of JPMorgan Ultra-Short Income ETF $JPST

Retirement Income Solutions Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.4% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 940,277 shares of the company’s stock after buying an additional 12,626 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 8.2% of Retirement Income Solutions Inc.’s portfolio, making the stock its 2nd largest holding. Retirement Income Solutions Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $47,700,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Temasek Holdings Private Ltd bought a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth approximately $842,655,000. Bank of America Corp DE boosted its position in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after acquiring an additional 2,162,615 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 22.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after acquiring an additional 1,265,522 shares in the last quarter. RiverFront Investment Group LLC increased its position in JPMorgan Ultra-Short Income ETF by 941.7% during the second quarter. RiverFront Investment Group LLC now owns 1,258,877 shares of the company’s stock worth $63,800,000 after acquiring an additional 1,138,031 shares during the period. Finally, Foster Dykema Cabot & Partners LLC increased its position in JPMorgan Ultra-Short Income ETF by 42.2% during the second quarter. Foster Dykema Cabot & Partners LLC now owns 3,814,842 shares of the company’s stock worth $193,336,000 after acquiring an additional 1,132,264 shares during the period. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

NYSEARCA JPST opened at $50.70 on Monday. The firm has a 50-day moving average price of $50.67 and a two-hundred day moving average price of $50.63. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.78. The company has a market capitalization of $34.24 billion, a P/E ratio of 110.22 and a beta of 0.01.

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.