Mainstream Capital Management LLC Purchases 209,794 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Mainstream Capital Management LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 77.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 480,531 shares of the company’s stock after buying an additional 209,794 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 17.0% of Mainstream Capital Management LLC’s holdings, making the stock its biggest position. Mainstream Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $24,204,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Guardian Wealth Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 25.1% in the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock valued at $2,077,000 after purchasing an additional 8,276 shares during the period. Essex LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.5% during the 4th quarter. Essex LLC now owns 230,834 shares of the company’s stock worth $11,627,000 after acquiring an additional 12,054 shares during the period. Delta Financial Group Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 265.1% during the 4th quarter. Delta Financial Group Inc. now owns 88,683 shares of the company’s stock worth $4,467,000 after acquiring an additional 64,393 shares during the period. Bridgewater Advisors Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock worth $96,956,000 after acquiring an additional 193,580 shares during the period. Finally, SMART Wealth LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 56.9% during the 4th quarter. SMART Wealth LLC now owns 76,777 shares of the company’s stock worth $3,867,000 after acquiring an additional 27,837 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Down 0.4 %

NYSEARCA:JPST opened at $50.48 on Tuesday. The company has a 50-day moving average of $50.49 and a 200-day moving average of $50.53. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75.

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.