Matthew Goff Investment Advisor LLC Purchases Shares of 342,661 JPMorgan Ultra-Short Income ETF $JPST

Matthew Goff Investment Advisor LLC purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 342,661 shares of the company’s stock, valued at approximately $17,328,000. JPMorgan Ultra-Short Income ETF accounts for about 2.9% of Matthew Goff Investment Advisor LLC’s investment portfolio, making the stock its 10th largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JPST. Cardiff Park Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at approximately $25,000. Jackson Hole Capital Partners LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $28,000. Sittner & Nelson LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $30,000. Motiv8 Investments LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $32,000. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $38,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.40 on Friday. The firm’s 50-day moving average price is $50.48 and its 200-day moving average price is $50.55. The company has a market capitalization of $40.30 billion, a PE ratio of 109.57 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.39 and a 1-year 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.