NewSquare Capital LLC Acquires 4,730 Shares of JPMorgan Ultra-Short Income ETF $JPST

NewSquare Capital LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 19.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,950 shares of the company’s stock after purchasing an additional 4,730 shares during the quarter. NewSquare Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Chelsea Counsel Co. bought a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter valued at approximately $25,000. Pandora Wealth Inc. bought a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter valued at approximately $34,000. Cooksen Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $36,000. Frazier Financial Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $41,000. Finally, Quaker Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 173.1% during the second quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock valued at $41,000 after purchasing an additional 1,906 shares during the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.57 on Tuesday. The firm has a 50 day moving average price of $50.68 and a 200-day moving average price of $50.60. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.78. The firm has a market capitalization of $34.15 billion, a price-to-earnings ratio of 109.93 and a beta of 0.01.

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.