SOL Capital Management CO Acquires 14,946 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

SOL Capital Management CO raised its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 223,180 shares of the company’s stock after buying an additional 14,946 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 1.3% of SOL Capital Management CO’s holdings, making the stock its 21st largest position. SOL Capital Management CO’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,242,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Eastern Bank boosted its stake in JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares during the last quarter. Kennebec Savings Bank bought a new stake in JPMorgan Ultra-Short Income ETF during the third quarter worth $27,000. Sound Income Strategies LLC raised its position in JPMorgan Ultra-Short Income ETF by 82.2% in the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock valued at $38,000 after buying an additional 338 shares during the last quarter. Sugar Maple Asset Management LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $50,000. Finally, Whittier Trust Co. boosted its holdings in JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after acquiring an additional 295 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.59 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75. The firm’s 50-day simple moving average is $50.48 and its 200 day simple 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.