Woodside Wealth Management LLC Acquires 5,745 Shares of JPMorgan Ultra-Short Income ETF $JPST

Woodside Wealth Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.3% during the 2nd quarter, Holdings Channel reports. The firm owned 74,760 shares of the company’s stock after buying an additional 5,745 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 3.3% of Woodside Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. Woodside Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,789,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of JPST. First Citizens Bank & Trust Co. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $650,000. Centricity Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 9.0% in the first quarter. Centricity Wealth Management LLC now owns 100,369 shares of the company’s stock valued at $5,082,000 after purchasing an additional 8,276 shares during the last quarter. NewSquare Capital LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 158.2% in the first quarter. NewSquare Capital LLC now owns 24,220 shares of the company’s stock valued at $1,226,000 after purchasing an additional 14,838 shares during the last quarter. Portside Wealth Group LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 5.2% in the first quarter. Portside Wealth Group LLC now owns 407,333 shares of the company’s stock valued at $20,623,000 after purchasing an additional 19,989 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 36.4% in the first quarter. Farther Finance Advisors LLC now owns 42,383 shares of the company’s stock valued at $2,138,000 after purchasing an additional 11,310 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.61 on Tuesday. The firm has a market capitalization of $34.13 billion, a PE ratio of 110.02 and a beta of 0.03. The company’s 50 day simple moving average is $50.65 and its 200-day simple moving average is $50.57. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.76.

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.