Wealthgarden F.S. LLC Makes New Investment in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Wealthgarden F.S. LLC acquired a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the second quarter, HoldingsChannel reports. The institutional investor acquired 30,114 shares of the company’s stock, valued at approximately $1,520,000. JPMorgan Ultra-Short Income ETF makes up about 1.6% of Wealthgarden F.S. LLC’s investment portfolio, making the stock its 17th largest position.

Several other large investors also recently modified their holdings of the business. ADAR1 Capital Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $2,461,000. Peapack Gladstone Financial Corp raised its stake in shares of JPMorgan Ultra-Short Income ETF by 0.3% in the 4th quarter. Peapack Gladstone Financial Corp now owns 429,869 shares of the company’s stock valued at $21,592,000 after purchasing an additional 1,252 shares in the last quarter. Insight 2811 Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 89.1% during the fourth quarter. Insight 2811 Inc. now owns 112,515 shares of the company’s stock worth $5,652,000 after purchasing an additional 53,030 shares during the last quarter. Security National Bank grew its stake in JPMorgan Ultra-Short Income ETF by 6.3% in the fourth quarter. Security National Bank now owns 9,853 shares of the company’s stock worth $495,000 after purchasing an additional 588 shares in the last quarter. Finally, Catalytic Wealth RIA LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $1,162,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.59 on Thursday. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.96 and a twelve month high of $50.68. The business has a 50 day simple moving average of $50.51 and a 200-day simple moving average of $50.41.

About JPMorgan Ultra-Short Income ETF

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.