WNY Asset Management LLC Takes Position in JPMorgan Ultra-Short Income ETF $JPST

WNY Asset Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 102,401 shares of the company’s stock, valued at approximately $5,182,000.

Several other hedge funds have also modified their holdings of the stock. Nicholson Meyer Capital Management Inc. increased its position in JPMorgan Ultra-Short Income ETF by 0.9% during the first quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock worth $1,128,000 after purchasing an additional 202 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 2.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock worth $434,000 after purchasing an additional 221 shares during the period. Whipplewood Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 1.2% during the first quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock worth $936,000 after purchasing an additional 227 shares during the period. Keel Point LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the 2nd quarter. Keel Point LLC now owns 17,002 shares of the company’s stock valued at $862,000 after purchasing an additional 239 shares during the last quarter. Finally, Atticus Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.2% in the 4th quarter. Atticus Wealth Management LLC now owns 7,897 shares of the company’s stock valued at $399,000 after purchasing an additional 243 shares during the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.54 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.39 and a 52-week high of $50.79. The firm has a fifty day moving average of $50.49 and a 200-day moving average of $50.56. The stock has a market capitalization of $40.35 billion, a PE ratio of 109.87 and a beta of 0.01.

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.