Nwam LLC Has $3.36 Million Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Nwam LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 252.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 66,719 shares of the company’s stock after buying an additional 47,814 shares during the quarter. Nwam LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,361,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in JPST. New Wave Wealth Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $25,000. Eastern Bank lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% in 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 period. Kennebec Savings Bank acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $27,000. Maryland Capital Advisors Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $31,000. Finally, Bogart Wealth LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 7,744.4% in the 4th quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock valued at $36,000 after purchasing an additional 697 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.60 on Thursday. The business’s fifty day moving average is $50.49 and its 200-day moving average is $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75.

About JPMorgan Ultra-Short Income ETF

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.