Nottingham Advisors Inc. Has $4.04 Million Stake in JPMorgan Ultra-Short Income ETF $JPST

Nottingham Advisors Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 70.1% in the first quarter, Holdings Channel.com reports. The fund owned 79,920 shares of the company’s stock after purchasing an additional 32,945 shares during the quarter. Nottingham Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,045,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Cardiff Park Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $25,000. Jackson Hole Capital Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $28,000. MGB Wealth Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $30,000. Sittner & Nelson LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $30,000. Finally, Motiv8 Investments LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $32,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

NYSEARCA JPST opened at $50.52 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.41 and a 1-year high of $50.79. The company has a 50 day moving average of $50.52 and a 200-day moving average of $50.59. The firm has a market cap of $37.55 billion, a price-to-earnings ratio of 109.83 and a beta of 0.01.

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.