MBM Wealth Consultants LLC Has $20.08 Million Stock Position in JPMorgan Ultra-Short Income ETF $JPST

MBM Wealth Consultants LLC grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 395,906 shares of the company’s stock after purchasing an additional 68,451 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 5.0% of MBM Wealth Consultants LLC’s portfolio, making the stock its 6th largest position. MBM Wealth Consultants LLC owned approximately 0.06% of JPMorgan Ultra-Short Income ETF worth $20,084,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Kathleen S. Wright Associates Inc. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.3% in the 2nd quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock valued at $497,000 after buying an additional 220 shares during the last quarter. Sax Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 2.7% in the third quarter. Sax Wealth Advisors LLC now owns 8,306 shares of the company’s stock valued at $421,000 after purchasing an additional 220 shares during the last quarter. Daner Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.1% during the third quarter. Daner Wealth Management LLC now owns 21,885 shares of the company’s stock worth $1,110,000 after buying an additional 236 shares in the last quarter. Keel Point LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 1.4% in the 2nd quarter. Keel Point LLC now owns 17,002 shares of the company’s stock valued at $862,000 after purchasing an additional 239 shares during the period. Finally, JDM Financial Group LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 1.9% in the third quarter. JDM Financial Group LLC now owns 13,122 shares of the company’s stock valued at $666,000 after buying an additional 249 shares during the period. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of NYSEARCA:JPST opened at $50.72 on Friday. The firm has a 50 day moving average of $50.67 and a 200-day moving average of $50.66. The stock has a market capitalization of $36.18 billion, a PE ratio of 110.26 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month 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.