Diversified Portfolios Inc. Has $397,000 Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Diversified Portfolios Inc. grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,873 shares of the company’s stock after acquiring an additional 1,230 shares during the period. Diversified Portfolios Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $397,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Northwest Capital Management Inc raised its position in JPMorgan Ultra-Short Income ETF by 4.3% in the 3rd quarter. Northwest Capital Management Inc now owns 19,045 shares of the company’s stock worth $966,000 after purchasing an additional 787 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 238.4% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,692 shares of the company’s stock valued at $86,000 after buying an additional 1,192 shares during the period. Hayek Kallen Investment Management raised its position in shares of JPMorgan Ultra-Short Income ETF by 0.3% during the third quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock worth $3,881,000 after acquiring an additional 219 shares during the last quarter. Regatta Capital Group LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 113.2% during the third quarter. Regatta Capital Group LLC now owns 30,463 shares of the company’s stock valued at $1,546,000 after acquiring an additional 16,173 shares during the period. Finally, Brady Family Wealth LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 7.3% during the third quarter. Brady Family Wealth LLC now owns 15,443 shares of the company’s stock valued at $784,000 after acquiring an additional 1,045 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.45 on Wednesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The stock has a 50-day moving average price of $50.48 and a 200 day moving average price of $50.52.

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.