Three Seasons Wealth LLC Invests $7.26 Million in JPMorgan Ultra-Short Income ETF $JPST

Three Seasons Wealth LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 143,518 shares of the company’s stock, valued at approximately $7,263,000. JPMorgan Ultra-Short Income ETF comprises approximately 2.8% of Three Seasons Wealth LLC’s investment portfolio, making the stock its 5th biggest holding.

Several other large investors have also recently bought and sold shares of the stock. Cardiff Park Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at about $25,000. Jackson Hole Capital Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $28,000. Sittner & Nelson LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $30,000. Motiv8 Investments LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $32,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $38,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST opened at $50.48 on Thursday. The stock’s 50-day moving average price is $50.49 and its 200 day moving average price is $50.57. The firm has a market capitalization of $39.90 billion, a price-to-earnings ratio of 109.74 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79.

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.