JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Acquired by StoneCrest Wealth Management Inc.

StoneCrest Wealth Management Inc. increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 24.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,080 shares of the company’s stock after purchasing an additional 7,026 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 1.2% of StoneCrest Wealth Management Inc.’s investment portfolio, making the stock its 28th largest holding. StoneCrest Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,817,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Eastern Bank boosted its position in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares in the last quarter. Kennebec Savings Bank bought a new stake in JPMorgan Ultra-Short Income ETF during the third quarter worth approximately $27,000. Hershey Financial Advisers LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $30,000. Whittier Trust Co. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 29.5% in the third quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after buying an additional 295 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 238.4% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,692 shares of the company’s stock valued at $86,000 after acquiring an additional 1,192 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.48 on Friday. The business has a fifty day simple moving average of $50.47 and a 200-day simple moving average of $50.51. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75.

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.