Pasadena Private Wealth LLC Buys 21,718 Shares of JPMorgan Ultra-Short Income ETF $JPST

Pasadena Private Wealth LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 206.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,223 shares of the company’s stock after purchasing an additional 21,718 shares during the quarter. Pasadena Private Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,631,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in JPST. Cardiff Park Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the third quarter worth about $25,000. Jackson Hole Capital Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $28,000. Sittner & Nelson LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $30,000. Motiv8 Investments LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $32,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $38,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.57 on Monday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.41 and a 52 week high of $50.79. The company has a 50 day moving average price of $50.52 and a 200 day moving average price of $50.59. The firm has a market cap of $37.59 billion, a PE 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.