Prentice Wealth Management LLC Boosts Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Prentice Wealth Management LLC lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,597 shares of the company’s stock after purchasing an additional 2,518 shares during the quarter. Prentice Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $686,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in JPST. Family Asset Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 8.5% during the fourth quarter. Family Asset Management LLC now owns 75,349 shares of the company’s stock valued at $3,785,000 after buying an additional 5,913 shares during the period. Roof Eidam Maycock Peralta LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 85.0% during the fourth quarter. Roof Eidam Maycock Peralta LLC now owns 252,973 shares of the company’s stock worth $12,707,000 after purchasing an additional 116,230 shares during the period. Tradewinds Capital Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.7% during the fourth quarter. Tradewinds Capital Management LLC now owns 107,825 shares of the company’s stock worth $5,416,000 after purchasing an additional 801 shares during the period. Krilogy Financial LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 6.5% during the fourth quarter. Krilogy Financial LLC now owns 198,817 shares of the company’s stock worth $9,987,000 after purchasing an additional 12,213 shares during the period. Finally, ADAR1 Capital Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $2,461,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST traded up $0.01 on Wednesday, hitting $50.46. The company had a trading volume of 2,388,472 shares, compared to its average volume of 3,792,550. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.51. The stock has a fifty day simple moving average of $50.37 and a 200-day simple moving average of $50.35.

JPMorgan Ultra-Short Income ETF 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.