JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stake Raised by J. W. Coons Advisors LLC

J. W. Coons Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 142,955 shares of the company’s stock after buying an additional 10,442 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 1.8% of J. W. Coons Advisors LLC’s portfolio, making the stock its 5th biggest holding. J. W. Coons Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,201,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Moloney Securities Asset Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 1.6% in the 4th quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock valued at $739,000 after buying an additional 224 shares in the last quarter. Eastern Bank lifted its stake in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares in the last quarter. SteelPeak Wealth LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 4.2% in the 4th quarter. SteelPeak Wealth LLC now owns 6,394 shares of the company’s stock worth $323,000 after purchasing an additional 260 shares in the last quarter. Aspen Wealth Strategies LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 1.0% in the 3rd quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock worth $1,372,000 after purchasing an additional 261 shares in the last quarter. Finally, Edgestream Partners L.P. lifted its stake in JPMorgan Ultra-Short Income ETF by 0.6% in the 3rd quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock worth $2,411,000 after purchasing an additional 262 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.56 on Monday. The company’s 50 day simple moving average is $50.48 and its two-hundred day simple moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75.

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.