Rise Advisors LLC Boosts Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Rise Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.2% during the 4th quarter, HoldingsChannel reports. The firm owned 31,717 shares of the company’s stock after buying an additional 4,889 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 0.8% of Rise Advisors LLC’s portfolio, making the stock its 15th largest position. Rise Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,598,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Kennebec Savings Bank purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter worth $27,000. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $30,000. Whittier Trust Co. grew its holdings in JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after purchasing an additional 295 shares during the last quarter. Wagner Wealth Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 188.4% in the 3rd quarter. Wagner Wealth Management LLC now owns 1,693 shares of the company’s stock worth $86,000 after purchasing an additional 1,106 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 238.4% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,692 shares of the company’s stock worth $86,000 after purchasing an additional 1,192 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Down 0.0 %

Shares of NYSEARCA:JPST traded down $0.01 during trading hours on Tuesday, hitting $50.41. 2,180,800 shares of the company’s stock traded hands, compared to its average volume of 6,157,450. The business has a fifty day moving average price of $50.48 and a 200-day moving average price of $50.51. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 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.