Rialto Wealth Management LLC Invests $2.72 Million in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Rialto Wealth Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 53,963 shares of the company’s stock, valued at approximately $2,718,000. JPMorgan Ultra-Short Income ETF accounts for about 0.9% of Rialto Wealth Management LLC’s investment portfolio, making the stock its 29th largest holding.

Several other hedge funds have also modified their holdings of JPST. Oak Hill Wealth Advisors LLC increased its stake in JPMorgan Ultra-Short Income ETF by 189.3% in the 4th quarter. Oak Hill Wealth Advisors LLC now owns 4,183 shares of the company’s stock worth $211,000 after purchasing an additional 8,866 shares in the last quarter. Edgestream Partners L.P. increased its position in shares of JPMorgan Ultra-Short Income ETF by 42.1% in the fourth quarter. Edgestream Partners L.P. now owns 67,538 shares of the company’s stock worth $3,402,000 after acquiring an additional 20,017 shares in the last quarter. K2 Financial Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $245,000. Ashton Thomas Private Wealth LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 12.8% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 150,235 shares of the company’s stock valued at $7,597,000 after acquiring an additional 17,051 shares during the period. Finally, Strategic Family Wealth Counselors L.L.C. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 13.5% in the 4th quarter. Strategic Family Wealth Counselors L.L.C. now owns 87,458 shares of the company’s stock valued at $4,405,000 after acquiring an additional 10,383 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPMorgan Ultra-Short Income ETF stock opened at $50.51 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75. The company 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 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.