11,775 Shares in JPMorgan Ultra-Short Income ETF $JPST Acquired by Ridgeline Wealth LLC

Ridgeline Wealth LLC acquired a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 11,775 shares of the company’s stock, valued at approximately $595,000.

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

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST opened at $50.42 on Wednesday. The stock has a market capitalization of $40.32 billion, a P/E ratio of 109.61 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.39 and a twelve month high of $50.79. The firm has a fifty day simple moving average of $50.48 and a two-hundred day simple moving average of $50.55.

JPMorgan Ultra-Short Income ETF 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.