Wellington Wealth Strategies LLC. grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 326.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 401,578 shares of the company’s stock after buying an additional 307,388 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 18.0% of Wellington Wealth Strategies LLC.’s portfolio, making the stock its biggest holding. Wellington Wealth Strategies LLC. owned approximately 0.09% of JPMorgan Ultra-Short Income ETF worth $19,022,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. New Wave Wealth Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $25,000. Howe & Rusling Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $26,000. Logan Capital Management Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $27,000. Maryland Capital Advisors Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $31,000. Finally, Cyrus J. Lawrence LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $31,000.
JPMorgan Ultra-Short Income ETF Price Performance
NYSEARCA:JPST opened at $50.52 on Tuesday. The stock has a 50 day simple moving average of $50.50 and a 200 day simple moving average of $50.49. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.25 and a 1-year high of $50.75.
About JPMorgan Ultra-Short Income ETF
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.
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