Whipplewood Advisors LLC Invests $504,000 in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Whipplewood Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 10,003 shares of the company’s stock, valued at approximately $504,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Siligmueller & Norvid Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $1,095,000. Ascension Capital Advisors Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 126.0% in the fourth quarter. Ascension Capital Advisors Inc. now owns 395,769 shares of the company’s stock valued at $19,935,000 after purchasing an additional 220,658 shares in the last quarter. Daner Wealth Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $1,549,000. Strategent Financial LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $16,427,000. Finally, J. W. Coons Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.9% during the fourth quarter. J. W. Coons Advisors LLC now owns 142,955 shares of the company’s stock valued at $7,201,000 after buying an additional 10,442 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.60 on Thursday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The stock has a 50-day moving average price of $50.49 and a 200 day moving average price of $50.52.

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.