Prevail Innovative Wealth Advisors LLC Purchases 12,005 Shares of JPMorgan Ultra-Short Income ETF $JPST

Prevail Innovative Wealth Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 37.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,987 shares of the company’s stock after acquiring an additional 12,005 shares during the quarter. Prevail Innovative Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,225,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Flaharty Asset Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 2.7% in the 4th quarter. Flaharty Asset Management LLC now owns 328,513 shares of the company’s stock worth $16,620,000 after acquiring an additional 8,638 shares during the period. Harmony Asset Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $280,000. Midwestern Financial LLC IA lifted its position in shares of JPMorgan Ultra-Short Income ETF by 11.9% in the 4th quarter. Midwestern Financial LLC IA now owns 82,095 shares of the company’s stock worth $4,153,000 after acquiring an additional 8,737 shares during the period. Redmont Wealth Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 80.2% in the 4th quarter. Redmont Wealth Advisors LLC now owns 65,762 shares of the company’s stock worth $3,327,000 after acquiring an additional 29,273 shares during the period. Finally, TPG Financial Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 60.0% in the 4th quarter. TPG Financial Advisors LLC now owns 48,492 shares of the company’s stock worth $2,453,000 after acquiring an additional 18,183 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

Shares of JPST stock opened at $50.53 on Thursday. The stock has a 50 day moving average of $50.53 and a two-hundred day moving average of $50.62. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.42 and a 12 month high of $50.79. The company has a market capitalization of $37.56 billion, a P/E ratio of 109.85 and a beta of 0.01.

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.