Cathy Pareto & Associates Inc. Takes Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cathy Pareto & Associates Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 64,329 shares of the company’s stock, valued at approximately $3,240,000. JPMorgan Ultra-Short Income ETF comprises 3.0% of Cathy Pareto & Associates Inc.’s investment portfolio, making the stock its 11th largest position.

Several other large investors have also modified their holdings of JPST. The Manufacturers Life Insurance Company boosted its position in JPMorgan Ultra-Short Income ETF by 6.8% during the second quarter. The Manufacturers Life Insurance Company now owns 31,200 shares of the company’s stock valued at $1,575,000 after purchasing an additional 2,000 shares during the last quarter. Buck Wealth Strategies LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $4,734,000. Silver Lake Advisory LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $4,374,000. Northwestern Mutual Wealth Management Co. boosted its holdings in JPMorgan Ultra-Short Income ETF by 2.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,069,399 shares of the company’s stock valued at $104,442,000 after acquiring an additional 56,032 shares during the period. Finally, Newport Capital Group LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at about $3,648,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.53 on Monday. The stock has a 50-day simple moving average of $50.48 and a 200 day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month 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.