CGN Advisors LLC Buys 303 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

CGN Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,670 shares of the company’s stock after purchasing an additional 303 shares during the quarter. CGN Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,092,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. B & T Capital Management DBA Alpha Capital Management grew its stake in shares of JPMorgan Ultra-Short Income ETF by 19.1% in the fourth quarter. B & T Capital Management DBA Alpha Capital Management now owns 50,300 shares of the company’s stock worth $2,534,000 after purchasing an additional 8,075 shares during the last quarter. TrueWealth Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $370,000. Sax Wealth Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $413,000. Merit Financial Group LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $412,000. Finally, First Pacific Financial bought a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $3,814,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

Shares of JPST stock opened at $50.49 on Friday. The stock has a fifty day moving average of $50.48 and a 200 day moving average of $50.51. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75.

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.