JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Acquired by Kwmg LLC

Kwmg LLC grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 243,689 shares of the company’s stock after acquiring an additional 7,895 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 1.3% of Kwmg LLC’s portfolio, making the stock its 22nd largest position. Kwmg LLC owned 0.05% of JPMorgan Ultra-Short Income ETF worth $12,294,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Mine & Arao Wealth Creation & Management LLC. acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $30,000. Mendota Financial Group LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $34,000. Cooksen Wealth LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $36,000. Tucker Asset Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 75.7% during the fourth quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock worth $37,000 after purchasing an additional 317 shares during the period. Finally, Pacific Capital Wealth Advisors Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $45,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST remained flat at $50.45 during trading hours on Wednesday. 2,700,848 shares of the company’s stock were exchanged, compared to its average volume of 3,795,110. The stock has a 50 day simple moving average of $50.37 and a 200 day simple moving average of $50.35. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.93 and a 12-month high of $50.51.

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.