Paladin Advisory Group LLC Acquires 13,774 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Paladin Advisory Group LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 105,228 shares of the company’s stock after acquiring an additional 13,774 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 4.1% of Paladin Advisory Group LLC’s portfolio, making the stock its 3rd biggest position. Paladin Advisory Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,300,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. The Manufacturers Life Insurance Company raised its holdings in JPMorgan Ultra-Short Income ETF by 6.8% in the second quarter. The Manufacturers Life Insurance Company now owns 31,200 shares of the company’s stock valued at $1,575,000 after acquiring an additional 2,000 shares in the last quarter. Advisory Alpha LLC raised its position in JPMorgan Ultra-Short Income ETF by 5.6% in the 2nd quarter. Advisory Alpha LLC now owns 115,038 shares of the company’s stock valued at $5,806,000 after purchasing an additional 6,136 shares during the last quarter. Cetera Investment Advisers increased its position in JPMorgan Ultra-Short Income ETF by 31.0% in the 2nd quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock valued at $118,360,000 after acquiring an additional 554,564 shares during the period. Founders Financial Alliance LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 9.8% during the 2nd quarter. Founders Financial Alliance LLC now owns 81,314 shares of the company’s stock valued at $4,104,000 after buying an additional 7,271 shares during the last quarter. Finally, Souders Financial Advisors raised its stake in shares of JPMorgan Ultra-Short Income ETF by 3.2% in the 2nd quarter. Souders Financial Advisors now owns 285,956 shares of the company’s stock valued at $14,432,000 after purchasing an additional 8,894 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.58 on Wednesday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75. The business has a fifty day simple moving average of $50.48 and a 200-day simple moving average of $50.52.

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.