M3 Wealth Management LLC Buys Shares of 34,409 JPMorgan Ultra-Short Income ETF $JPST

M3 Wealth Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 34,409 shares of the company’s stock, valued at approximately $1,741,000. JPMorgan Ultra-Short Income ETF accounts for 1.4% of M3 Wealth Management LLC’s portfolio, making the stock its 16th largest holding.

Several other institutional investors have also recently made changes to their positions in the business. Integrity Alliance LLC. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 61.4% in the 4th quarter. Integrity Alliance LLC. now owns 197,512 shares of the company’s stock worth $9,992,000 after purchasing an additional 75,128 shares during the period. Cary Street Partners Investment Advisory LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 2,664.4% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 10,947 shares of the company’s stock worth $554,000 after purchasing an additional 10,551 shares during the period. GatePass Capital LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 11.8% in the 4th quarter. GatePass Capital LLC now owns 67,816 shares of the company’s stock worth $3,431,000 after purchasing an additional 7,161 shares during the period. Harbour Investments Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 2.2% in the 4th quarter. Harbour Investments Inc. now owns 393,308 shares of the company’s stock worth $19,897,000 after purchasing an additional 8,377 shares during the period. Finally, MSH Capital Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.5% in the 4th quarter. MSH Capital Advisors LLC now owns 39,833 shares of the company’s stock worth $2,015,000 after purchasing an additional 1,725 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

Shares of NYSEARCA:JPST opened at $50.56 on Wednesday. The firm’s 50 day moving average price is $50.53 and its 200-day moving average price is $50.62. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.42 and a twelve month high of $50.79. The stock has a market capitalization of $37.58 billion, a PE ratio of 109.91 and a beta of 0.01.

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.