JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Holdings Increased by Portside Wealth Group LLC

Portside Wealth Group LLC grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.2% during the first quarter, HoldingsChannel.com reports. The firm owned 407,333 shares of the company’s stock after acquiring an additional 19,989 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 3.3% of Portside Wealth Group LLC’s holdings, making the stock its biggest holding. Portside Wealth Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $20,623,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. One Degree Advisors Inc lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.8% during the fourth quarter. One Degree Advisors Inc now owns 6,075 shares of the company’s stock worth $306,000 after purchasing an additional 222 shares during the period. Moloney Securities Asset Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 1.6% during the fourth quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock worth $739,000 after purchasing an additional 224 shares in the last quarter. Floyd Financial Group LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 0.3% in the 1st quarter. Floyd Financial Group LLC now owns 76,218 shares of the company’s stock valued at $3,859,000 after buying an additional 239 shares in the last quarter. Linscomb Wealth Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 3.1% in the 4th quarter. Linscomb Wealth Inc. now owns 8,026 shares of the company’s stock valued at $404,000 after buying an additional 241 shares in the last quarter. Finally, Apella Capital LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 1.5% in the 1st quarter. Apella Capital LLC now owns 19,521 shares of the company’s stock valued at $983,000 after purchasing an additional 285 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.45 on Monday. The stock’s 50-day moving average price is $50.49 and its 200 day moving average price is $50.50. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.25 and a 12-month high of $50.75.

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.