Nwam LLC Has $959,000 Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Nwam LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 51.3% in the third quarter, Holdings Channel.com reports. The firm owned 18,905 shares of the company’s stock after buying an additional 6,409 shares during the quarter. Nwam LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $959,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JPST. CreativeOne Wealth LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 30.1% during the 1st quarter. CreativeOne Wealth LLC now owns 7,584 shares of the company’s stock valued at $383,000 after acquiring an additional 1,753 shares in the last quarter. LRI Investments LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at about $30,000. Econ Financial Services Corp bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth about $8,671,000. Waverly Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $16,576,000. Finally, IronBridge Private Wealth LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 3.2% in the 1st quarter. IronBridge Private Wealth LLC now owns 223,973 shares of the company’s stock valued at $11,299,000 after buying an additional 6,867 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.52 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.13 and a fifty-two week high of $50.75. The company’s 50 day moving average price is $50.55 and its two-hundred day moving average price is $50.49.

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.