Fairway Wealth LLC Increases Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Fairway Wealth LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 120.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,489 shares of the company’s stock after buying an additional 2,999 shares during the period. Fairway Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. New Wave Wealth Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $25,000. Eastern Bank lifted its holdings in JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares during the last quarter. Kennebec Savings Bank purchased a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $27,000. Maryland Capital Advisors Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $31,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $33,000.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.55 on Tuesday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75. The stock has a 50-day simple moving average of $50.49 and a 200-day simple moving average 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.