ETF of the Week: JPMorgan Ultra-Short Income ETF (JPST)
VettaFi's Head of Research Todd Rosenbluth discussed the JPMorgan Ultra-Short Income ETF (JPST) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.
Ultra-Short Income ETF (JPST) Hit a New 52-Week High
For investors seeking momentum, JPMorgan Ultra-Short Income ETF JPST is probably on the radar. The fund just hit a 52-week high and is up 1.12% from its 52-week low price of $49.96/share.
JPST: A Solid Fund For Conservative Investors
JPMorgan Ultra-Short Income ETF offers low volatility income and an attractive yield for income-focused investors. The JPST ETF invests in a diversified portfolio of short-term, investment-grade corporate and structured debt securities to minimize sensitivity to interest rate changes. JPST has outperformed its competitor, SPDR Bloomberg 1-3 Month T-Bill ETF, and offers a slightly higher yield profile.
