Mason & Associates Inc Takes Position in JPMorgan Ultra-Short Income ETF $JPST

Mason & Associates Inc bought a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 131,826 shares of the company’s stock, valued at approximately $6,666,000. JPMorgan Ultra-Short Income ETF makes up approximately 1.1% of Mason & Associates Inc’s portfolio, making the stock its 25th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JPST. Cardiff Park Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $25,000. Strengthening Families & Communities LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $28,000. Sittner & Nelson LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $30,000. Motiv8 Investments LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $32,000. Finally, Beacon Financial Strategies CORP bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $34,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.39 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.35 and a 1 year high of $50.79. The company’s 50-day moving average is $50.48 and its 200 day moving average is $50.52. The stock has a market capitalization of $40.29 billion, a P/E ratio of 109.54 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.