Advisory Alpha LLC Raises Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Advisory Alpha LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 43.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 150,256 shares of the company’s stock after purchasing an additional 45,649 shares during the quarter. Advisory Alpha LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,568,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Abich Financial Wealth Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth $101,000. Daymark Wealth Partners LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 7.8% during the 2nd quarter. Daymark Wealth Partners LLC now owns 120,926 shares of the company’s stock worth $6,103,000 after acquiring an additional 8,755 shares in the last quarter. Mcmorgan & Co. LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 32.6% in the 2nd quarter. Mcmorgan & Co. LLC now owns 699,947 shares of the company’s stock worth $35,326,000 after purchasing an additional 172,065 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of JPMorgan Ultra-Short Income ETF by 6.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 31,200 shares of the company’s stock valued at $1,575,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Buck Wealth Strategies LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $4,734,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.50 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The firm’s 50-day moving average is $50.48 and its 200-day moving average is $50.52.

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.