Executive Wealth Management LLC Increases Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Executive Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.3% in the second quarter, Holdings Channel reports. The fund owned 9,193 shares of the company’s stock after purchasing an additional 462 shares during the quarter. Executive Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $464,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of JPST. NBC Securities Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $47,000. Janney Montgomery Scott LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 3.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 318,634 shares of the company’s stock worth $16,005,000 after purchasing an additional 10,644 shares during the last quarter. Kingsview Wealth Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 19.5% in the fourth quarter. Kingsview Wealth Management LLC now owns 21,237 shares of the company’s stock worth $1,067,000 after purchasing an additional 3,463 shares during the last quarter. First Heartland Consultants Inc. increased its position in shares of JPMorgan Ultra-Short Income ETF by 2.8% during the fourth quarter. First Heartland Consultants Inc. now owns 8,547 shares of the company’s stock worth $429,000 after purchasing an additional 233 shares in the last quarter. Finally, BCGM Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.1% during the 4th quarter. BCGM Wealth Management LLC now owns 10,418 shares of the company’s stock valued at $523,000 after purchasing an additional 777 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.57 on Friday. The stock’s fifty day moving average price is $50.51 and its 200 day moving average price is $50.41. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.96 and a 1-year high of $50.68.

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.