Wealthgarden F.S. LLC Boosts Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Wealthgarden F.S. LLC lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 104.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 38,592 shares of the company’s stock after acquiring an additional 19,687 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 1.8% of Wealthgarden F.S. LLC’s investment portfolio, making the stock its 15th largest holding. Wealthgarden F.S. LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,944,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. New Wave Wealth Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth $25,000. Eastern Bank boosted its holdings in shares of 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 buying an additional 250 shares in the last quarter. Kennebec Savings Bank purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $27,000. Maryland Capital Advisors Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $31,000. Finally, Bogart Wealth LLC lifted its position in JPMorgan Ultra-Short Income ETF by 7,744.4% during the 4th quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock valued at $36,000 after acquiring an additional 697 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.56 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 two-hundred 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.