JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is Forza Wealth Management LLC’s 4th Largest Position

Forza Wealth Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 129,180 shares of the company’s stock after acquiring an additional 4,825 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 3.0% of Forza Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. Forza Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,507,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Kennebec Savings Bank purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter worth about $27,000. Hershey Financial Advisers LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth about $30,000. Whittier Trust Co. increased its position in JPMorgan Ultra-Short Income ETF by 29.5% in the third quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after buying an additional 295 shares in the last quarter. Wagner Wealth Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 188.4% in the third quarter. Wagner Wealth Management LLC now owns 1,693 shares of the company’s stock worth $86,000 after buying an additional 1,106 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in JPMorgan Ultra-Short Income ETF by 238.4% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,692 shares of the company’s stock worth $86,000 after buying an additional 1,192 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST traded down $0.01 during midday trading on Monday, reaching $50.41. The company had a trading volume of 3,314,244 shares, compared to its average volume of 6,079,628. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The business has a 50-day moving average of $50.47 and a two-hundred day moving average of $50.51.

JPMorgan Ultra-Short Income ETF 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.