Weatherly Asset Management L. P. Acquires 6,493 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Weatherly Asset Management L. P. grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 430,572 shares of the company’s stock after buying an additional 6,493 shares during the period. JPMorgan Ultra-Short Income ETF makes up 1.9% of Weatherly Asset Management L. P.’s investment portfolio, making the stock its 11th largest holding. Weatherly Asset Management L. P. owned about 0.09% of JPMorgan Ultra-Short Income ETF worth $21,847,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of JPST. Creative Financial Designs Inc. ADV increased its position in JPMorgan Ultra-Short Income ETF by 7.4% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 89,802 shares of the company’s stock valued at $4,557,000 after buying an additional 6,197 shares in the last quarter. Focus Financial Network Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 280.6% in the 3rd quarter. Focus Financial Network Inc. now owns 100,082 shares of the company’s stock worth $5,078,000 after purchasing an additional 73,788 shares in the last quarter. Principal Securities Inc. grew its position in JPMorgan Ultra-Short Income ETF by 6.5% in the 3rd quarter. Principal Securities Inc. now owns 62,328 shares of the company’s stock valued at $3,163,000 after purchasing an additional 3,819 shares during the period. Summit Wealth Partners LLC grew its position in JPMorgan Ultra-Short Income ETF by 2.2% in the 3rd quarter. Summit Wealth Partners LLC now owns 360,529 shares of the company’s stock valued at $18,293,000 after purchasing an additional 7,703 shares during the period. Finally, Aspen Wealth Strategies LLC increased its stake in JPMorgan Ultra-Short Income ETF by 1.0% during the 3rd quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock valued at $1,372,000 after purchasing an additional 261 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.38 on Friday. The company has a 50-day moving average price of $50.59 and a 200-day moving average price of $50.47. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.02 and a 1 year high of $50.75.

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.