Houlihan Financial Resource Group Ltd. Buys 2,078 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Houlihan Financial Resource Group Ltd. increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 217,693 shares of the company’s stock after acquiring an additional 2,078 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 4.9% of Houlihan Financial Resource Group Ltd.’s portfolio, making the stock its 3rd largest position. Houlihan Financial Resource Group Ltd.’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,983,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mine & Arao Wealth Creation & Management LLC. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $30,000. First Pacific Financial raised its position in JPMorgan Ultra-Short Income ETF by 1,093.9% in the 1st quarter. First Pacific Financial now owns 585 shares of the company’s stock valued at $30,000 after buying an additional 536 shares during the last quarter. Mendota Financial Group LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $34,000. Cooksen Wealth LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $36,000. Finally, Tucker Asset Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 75.7% in the 4th quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock worth $37,000 after acquiring an additional 317 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock traded up $0.04 on Friday, hitting $50.44. The stock had a trading volume of 3,913,383 shares, compared to its average volume of 3,772,949. The business has a 50 day moving average of $50.37 and a 200 day moving average of $50.35. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.96 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.