Apollon Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 272.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 144,390 shares of the company’s stock after buying an additional 105,596 shares during the quarter. Apollon Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,273,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. New Wave Wealth Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $25,000. Eastern Bank lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares in the last quarter. Kennebec Savings Bank purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $27,000. Sound Income Strategies LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 82.2% in the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after acquiring an additional 338 shares during the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $50,000.
JPMorgan Ultra-Short Income ETF Price Performance
Shares of NYSEARCA:JPST opened at $50.43 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75. The business has a 50-day moving average price of $50.48 and a 200 day moving average price of $50.52.
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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