Stratos Investment Management LLC Grows Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Stratos Investment Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,606 shares of the company’s stock after buying an additional 1,601 shares during the quarter. Stratos Investment Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $635,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. New Wave Wealth Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $25,000. Eastern Bank boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares in the last quarter. Kennebec Savings Bank purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 82.2% during the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after purchasing an additional 338 shares during the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $50,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.44 on Thursday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The business has a 50 day moving average price of $50.48 and a 200 day moving average price 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.