Scott Capital Advisors LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 15.6% in the 3rd quarter, Holdings Channel reports. The firm owned 237,404 shares of the company’s stock after buying an additional 32,074 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 3.4% of Scott Capital Advisors LLC’s holdings, making the stock its 10th biggest position. Scott Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,046,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $25,000. LRI Investments LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $30,000. Hershey Financial Advisers LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $30,000. Triad Wealth Partners LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $32,000. Finally, Cooksen Wealth LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $36,000.
JPMorgan Ultra-Short Income ETF Stock Up 0.1 %
JPST stock traded up $0.03 during midday trading on Friday, reaching $50.53. 469,325 shares of the company’s stock traded hands, compared to its average volume of 3,927,902. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.97 and a 52-week high of $50.75. The stock’s 50-day moving average is $50.57 and its 200 day moving average is $50.45.
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.
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Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).
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