TBH Global Asset Management LLC Buys New Stake in JPMorgan Ultra-Short Income ETF $JPST

TBH Global Asset Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 20,799 shares of the company’s stock, valued at approximately $1,055,000.

A number of other large investors have also made changes to their positions in JPST. Chelsea Counsel Co. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter valued at $25,000. Brentview Investment Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $35,000. Silicon Valley Capital Partners purchased a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at about $37,000. Frazier Financial Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at about $41,000. Finally, Quaker Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 173.1% in the second quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after acquiring an additional 1,906 shares in the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPST opened at $50.78 on Wednesday. The company has a market cap of $34.30 billion, a P/E ratio of 110.39 and a beta of 0.01. The firm’s 50-day moving average price is $50.68 and its 200-day moving average price is $50.64. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.78.

JPMorgan Ultra-Short Income ETF Company 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.