Houlihan Financial Resource Group Ltd. Grows Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Houlihan Financial Resource Group Ltd. increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 155.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 215,655 shares of the company’s stock after purchasing an additional 131,391 shares during the period. JPMorgan Ultra-Short Income ETF makes up 4.2% of Houlihan Financial Resource Group Ltd.’s portfolio, making the stock its 4th biggest position. Houlihan Financial Resource Group Ltd.’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,927,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. IFG Advisory LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.5% during the 4th quarter. IFG Advisory LLC now owns 159,806 shares of the company’s stock valued at $8,085,000 after purchasing an additional 3,957 shares in the last quarter. Thoroughbred Financial Services LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 51.2% during the fourth quarter. Thoroughbred Financial Services LLC now owns 20,727 shares of the company’s stock worth $1,048,000 after acquiring an additional 7,021 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $178,000. Kingsview Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.0% during the fourth quarter. Kingsview Wealth Management LLC now owns 92,965 shares of the company’s stock worth $4,703,000 after acquiring an additional 2,744 shares during the period. Finally, Coordinated Financial Services Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 12.1% during the fourth quarter. Coordinated Financial Services Inc. now owns 19,500 shares of the company’s stock worth $987,000 after acquiring an additional 2,100 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.58 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.42 and a 12 month high of $50.79. The company’s fifty day simple moving average is $50.53 and its 200 day simple moving average is $50.62. The firm has a market cap of $37.59 billion, a price-to-earnings ratio of 109.96 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.