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First Foundation Advisors quadrupled its investment in the JPMorgan Ultra-Short Income ETF in Q4 2021.
First Foundation Advisors significantly boosted its investment in the JPMorgan Ultra-Short Income ETF (JPST) by 277.8% in the fourth quarter of 2021, acquiring 48,030 shares valued at $2,419,000.
The ETF focuses on investment-grade fixed-income securities to preserve capital and generate income, with a duration of one year or less.
Another firm, Legacy Financial Advisors, also acquired shares in JPST, adding 32,994 shares valued at about $1.66 million.
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First Foundation Advisors cuadruplicó su inversión en JPMorgan Ultra-Short Income ETF en el 4o trimestre de 2021.