Ashton Thomas Securities LLC Buys 12,754 Shares of JPMorgan Ultra-Short Income ETF $JPST

Ashton Thomas Securities LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 85.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 27,716 shares of the company’s stock after acquiring an additional 12,754 shares during the period. Ashton Thomas Securities LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,402,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of JPST. Rossmore Private Capital acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $25,000. Cardiff Park Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $25,000. Jackson Hole Capital Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $28,000. MGB Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $30,000. Finally, American National Bank & Trust acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $38,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.3%

NYSEARCA JPST opened at $50.45 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.41 and a twelve month high of $50.79. The company has a market cap of $37.50 billion, a price-to-earnings ratio of 109.67 and a beta of 0.01. The business’s fifty day moving average is $50.57 and its 200 day moving average is $50.64.

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.