Hudock Inc. bought a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 269,793 shares of the company’s stock, valued at approximately $13,617,000. JPMorgan Ultra-Short Income ETF makes up about 2.5% of Hudock Inc.’s holdings, making the stock its 13th biggest holding. Hudock Inc. owned approximately 0.06% of JPMorgan Ultra-Short Income ETF at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of JPST. M&T Bank Corp bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $797,000. Apollon Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 17.9% in the 4th quarter. Apollon Wealth Management LLC now owns 42,407 shares of the company’s stock worth $2,130,000 after purchasing an additional 6,426 shares during the period. Everpar Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $362,000. Pinnacle Wealth Management Advisory Group LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 28.4% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 8,098 shares of the company’s stock worth $407,000 after buying an additional 1,790 shares during the period. Finally, Sanctuary Wealth Management L.L.C. increased its position in JPMorgan Ultra-Short Income ETF by 125.2% during the fourth quarter. Sanctuary Wealth Management L.L.C. now owns 54,102 shares of the company’s stock valued at $2,718,000 after acquiring an additional 30,083 shares during the last quarter.
JPMorgan Ultra-Short Income ETF Stock Up 0.0 %
NYSEARCA JPST traded up $0.01 during midday trading on Thursday, hitting $50.49. 1,913,267 shares of the company traded hands, compared to its average volume of 3,862,395. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.96 and a 52 week high of $50.68. The company’s 50-day simple moving average is $50.49 and its 200-day simple moving average is $50.40.
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.
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