West Oak Capital LLC Grows Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

West Oak Capital LLC raised its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 108.8% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 87,849 shares of the company’s stock after acquiring an additional 45,770 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.7% of West Oak Capital LLC’s investment portfolio, making the stock its 12th largest position. West Oak Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,448,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $49,000. Gradient Capital Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.2% in the fourth quarter. Gradient Capital Advisors LLC now owns 133,554 shares of the company’s stock valued at $6,727,000 after acquiring an additional 1,600 shares in the last quarter. Ridgeline Wealth Planning LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $15,341,000. Financial Connections Group Inc. increased its position in JPMorgan Ultra-Short Income ETF by 12.9% during the 4th quarter. Financial Connections Group Inc. now owns 161,460 shares of the company’s stock valued at $8,132,000 after purchasing an additional 18,464 shares during the period. Finally, Perissos Private Wealth Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $3,516,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST opened at $50.49 on Thursday. The company has a 50 day moving average price of $50.49 and a 200-day moving average price of $50.50. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.25 and a fifty-two week 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.