Aspen Wealth Management LLC Acquires 19,462 Shares of JPMorgan Ultra-Short Income ETF $JPST

Aspen Wealth Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 281,556 shares of the company’s stock after purchasing an additional 19,462 shares during the period. JPMorgan Ultra-Short Income ETF makes up 2.3% of Aspen Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Aspen Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $14,182,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Rose Capital Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $543,000. Integrated Wealth Concepts LLC grew its stake in JPMorgan Ultra-Short Income ETF by 3.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 1,168,286 shares of the company’s stock valued at $59,080,000 after acquiring an additional 37,846 shares in the last quarter. Worth Asset Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 81.2% during the 3rd quarter. Worth Asset Management LLC now owns 187,616 shares of the company’s stock valued at $9,450,000 after acquiring an additional 84,093 shares in the last quarter. Beacon Financial Advisory LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 14.0% in the 2nd quarter. Beacon Financial Advisory LLC now owns 168,730 shares of the company’s stock valued at $8,533,000 after purchasing an additional 20,732 shares during the period. Finally, First Citizens Financial Corp increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 31.8% in the 3rd quarter. First Citizens Financial Corp now owns 139,734 shares of the company’s stock valued at $7,038,000 after purchasing an additional 33,723 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

Shares of JPST traded down $0.01 during trading hours on Wednesday, reaching $50.30. The company’s stock had a trading volume of 4,468,439 shares, compared to its average volume of 6,792,516. The company has a 50 day moving average of $50.40 and a two-hundred day moving average of $50.47. The firm has a market cap of $42.42 billion, a price-to-earnings ratio of 109.34 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.79.

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.