Balefire LLC Grows Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Balefire LLC grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1,339.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,514 shares of the company’s stock after buying an additional 29,325 shares during the period. Balefire LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,596,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. One Degree Advisors Inc raised its holdings in JPMorgan Ultra-Short Income ETF by 3.8% in the 4th quarter. One Degree Advisors Inc now owns 6,075 shares of the company’s stock valued at $306,000 after acquiring an additional 222 shares during the last quarter. Floyd Financial Group LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 0.3% in the first quarter. Floyd Financial Group LLC now owns 76,218 shares of the company’s stock valued at $3,859,000 after purchasing an additional 239 shares in the last quarter. Linscomb Wealth Inc. grew its position in shares of JPMorgan Ultra-Short Income ETF by 3.1% in the fourth quarter. Linscomb Wealth Inc. now owns 8,026 shares of the company’s stock valued at $404,000 after purchasing an additional 241 shares in the last quarter. Lighthouse Wealth Management Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.4% in the first quarter. Lighthouse Wealth Management Inc. now owns 11,833 shares of the company’s stock valued at $599,000 after purchasing an additional 273 shares during the last quarter. Finally, Apella Capital LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.5% in the first quarter. Apella Capital LLC now owns 19,521 shares of the company’s stock valued at $983,000 after purchasing an additional 285 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.61 on Thursday. The business’s 50 day moving average price is $50.52 and its 200 day moving average price is $50.50. JPMorgan Ultra-Short Income ETF has a one year low of $50.25 and a one year high of $50.75.

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.