White Wing Wealth Management Has $20.19 Million Holdings in JPMorgan Ultra-Short Income ETF $JPST

White Wing Wealth Management boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 398,396 shares of the company’s stock after purchasing an additional 12,283 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 13.7% of White Wing Wealth Management’s holdings, making the stock its 2nd largest position. White Wing Wealth Management owned about 0.06% of JPMorgan Ultra-Short Income ETF worth $20,191,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Millennium Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 486.4% in the 4th quarter. Millennium Management LLC now owns 201,973 shares of the company’s stock valued at $10,173,000 after purchasing an additional 167,529 shares during the period. First Heartland Consultants Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 25.2% in the fourth quarter. First Heartland Consultants Inc. now owns 18,240 shares of the company’s stock valued at $919,000 after buying an additional 3,668 shares during the period. Cornerstone Advisory LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 1.2% in the fourth quarter. Cornerstone Advisory LLC now owns 69,455 shares of the company’s stock valued at $3,507,000 after buying an additional 855 shares during the period. Vise Technologies Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $520,000. Finally, Helium Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $11,787,000. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.70 on Friday. The firm has a 50-day simple moving average of $50.63 and a 200 day simple moving average of $50.56. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.75. The stock has a market cap of $32.37 billion, a PE ratio of 110.22 and a beta of 0.03.

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.