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NYSEARCA:JPST

JPMorgan Ultra-Short Income ETF (JPST) Price, Holdings, & News

$50.56
+0.05 (+0.10%)
(As of 07/26/2024 ET)
Today's Range
$50.54
$50.56
50-Day Range
$50.26
$50.56
52-Week Range
$49.96
$50.60
Volume
2.58 million shs
Average Volume
3.76 million shs
Market Capitalization
$23.03 billion
Assets Under Management
$24.47 billion
Dividend Yield
1.82%
Net Expense Ratio
0.18%
JPST stock logo

About JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

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.

JPST Stock Price History

JPST ETF News Headlines

JPMorgan Funds - Global Focus Fund (JYJR.F)
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JPMorgan: Investing In The Best
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See More Headlines
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Fund Details

Issuer
JPMorgan
Fund Name
JPMorgan Ultra-Short Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:JPST
Inception Date
5/17/2017
Fund Manager
James McNerny, David Martucci, Cecilia Junker, Kyongsoo Noh
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Broad Debt
Focus
Investment Grade
Development Level
Developed Markets
Region
North America
Number of Holdings
858

Fund Statistics

Assets Under Management
$24.47 billion
Average Daily Volume
$3.49 million
Discount/Premium
0.00%

Administrator, Advisor and Custodian

Administrator
J.P. Morgan Investment Management Inc.
Advisor
J.P. Morgan Investment Management Inc.
Custodian
JPMorgan Chase Bank, N.A.
Distributor
JPMorgan Distribution Services, Inc.
Transfer Agent
JPMorgan Chase Bank, N.A.
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
N/A
Short Interest
382,700 shs

Miscellaneous

Beta
0.01
Creation Unit
50,000
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JPMorgan Ultra-Short Income ETF Expenses

TypeJPSTInvestment Grade ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.18%0.22%0.32%0.51%0.51%
Other Expenses0.00%0.13%0.26%0.59%0.54%
Total Expense0.18%0.25%0.40%0.74%0.71%
Fee Waiver0.00%-0.15%-0.25%-0.69%-0.59%
Net Expense0.18%0.22%0.35%0.58%0.59%

JPMorgan Ultra-Short Income ETF (JPST) Holdings

Top 10 JPST Holdings

  • JPMORGAN US GOVT MMKT FUN
    Holding Weight: 7.83%
  • WELLS FARGO SECURITIES, L
    Holding Weight: 0.98%
  • BANK OF NOVA FLT 06/25
    Holding Weight: 0.93%
  • FEDERATION DES VAR 01/26
    Holding Weight: 0.83%
  • FIRST ABU DHABI ZERO 10/2
    Holding Weight: 0.78%
  • NEW YORK 3.855% 08/24
    Holding Weight: 0.73%
  • WESTPAC FLT 02/25
    Holding Weight: 0.71%
  • AERCAP 1.65% 10/24
    Holding Weight: 0.70%
  • GLENCORE ZERO 02/25
    Holding Weight: 0.70%
  • NATIONAL BANK FLT 03/27
    Holding Weight: 0.70%

Should I Buy JPMorgan Ultra-Short Income ETF Stock? JPST Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in JPMorgan Ultra-Short Income ETF:

  • The JPMorgan Ultra-Short Income ETF (JPST) primarily invests in investment grade fixed income, providing a relatively stable investment option.
  • Managed by JPMorgan Chase, a reputable financial institution known for its expertise in managing investment funds.
  • Focuses on maximizing income and preserving capital by investing in USD-denominated debt securities with an effective duration of one year or less, reducing interest rate risk.
  • Recent data shows that the ETF has maintained a consistent performance, offering potential returns to investors.
  • With a current stock price that reflects the fund's value, investors can make informed decisions based on market trends.

Cons

Investors should be bearish about investing in JPMorgan Ultra-Short Income ETF for these reasons:

  • As an actively managed fund, there are management fees associated with the ETF that could impact overall returns.
  • While the fund aims to maximize income, the ultra-short duration of the investments may limit potential yield compared to longer-term options.
  • Market fluctuations can affect the performance of the ETF, potentially leading to lower returns during volatile periods.
  • Investors seeking higher growth opportunities may find the conservative nature of the fund's investment strategy limiting.
  • Regulatory changes or economic conditions could impact the fund's performance, requiring investors to stay informed about market developments.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these JPMorgan Ultra-Short Income ETF pros and cons to contact@marketbeat.com.

JPST ETF - Frequently Asked Questions

How have JPST shares performed this year?

JPMorgan Ultra-Short Income ETF's stock was trading at $50.23 at the beginning of the year. Since then, JPST stock has increased by 0.7% and is now trading at $50.56.
View the best growth stocks for 2024 here
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Who are JPMorgan Ultra-Short Income ETF's major shareholders?

JPMorgan Ultra-Short Income ETF's top institutional shareholders include Wealth Enhancement Advisory Services LLC (1.03%), Raymond James Financial Services Advisors Inc. (0.48%), Cambridge Investment Research Advisors Inc. (0.33%) and Legacy Wealth Management Inc (0.30%).

How do I buy shares of JPMorgan Ultra-Short Income ETF?

Shares of JPST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:JPST) was last updated on 7/26/2024 by MarketBeat.com Staff

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