Strategent Financial LLC Makes New $16.43 Million Investment in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Strategent Financial LLC acquired a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 326,131 shares of the company’s stock, valued at approximately $16,427,000. JPMorgan Ultra-Short Income ETF accounts for approximately 16.3% of Strategent Financial LLC’s portfolio, making the stock its 3rd biggest holding. Strategent Financial LLC owned approximately 0.07% of JPMorgan Ultra-Short Income ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of JPST. Inscription Capital LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 34.2% during the third quarter. Inscription Capital LLC now owns 7,759 shares of the company’s stock valued at $394,000 after purchasing an additional 1,979 shares in the last quarter. Investment Partners Asset Management Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 6.4% during the 3rd quarter. Investment Partners Asset Management Inc. now owns 12,794 shares of the company’s stock valued at $649,000 after purchasing an additional 770 shares during the period. Arbor Investment Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 3.0% during the third quarter. Arbor Investment Advisors LLC now owns 373,447 shares of the company’s stock valued at $18,949,000 after buying an additional 10,956 shares during the period. Fortitude Family Office LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 45.3% during the third quarter. Fortitude Family Office LLC now owns 67,004 shares of the company’s stock valued at $3,400,000 after acquiring an additional 20,898 shares during the period. Finally, Legacy Wealth Management Inc grew its position in shares of JPMorgan Ultra-Short Income ETF by 2.8% during the third quarter. Legacy Wealth Management Inc now owns 1,381,600 shares of the company’s stock worth $70,102,000 after purchasing an additional 37,113 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPST opened at $50.58 on Tuesday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75. The company has a fifty day moving average of $50.48 and a 200 day moving average 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.