Southeast Asset Advisors LLC raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 41.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 212,672 shares of the company’s stock after buying an additional 62,409 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 1.3% of Southeast Asset Advisors LLC’s holdings, making the stock its 11th largest holding. Southeast Asset Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,712,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in JPST. New Wave Wealth Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $25,000. Eastern Bank increased its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares during the last quarter. Howe & Rusling Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $26,000. Maryland Capital Advisors Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $31,000. Finally, Cyrus J. Lawrence LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $31,000.
JPMorgan Ultra-Short Income ETF Trading Down 0.1 %
JPST opened at $50.48 on Monday. The firm’s fifty day moving average is $50.53 and its two-hundred day moving average is $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.44 and a twelve month high of $50.75.
About JPMorgan Ultra-Short Income ETF
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.
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