Western Wealth Management LLC Purchases 6,012 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Western Wealth Management LLC increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 32.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,657 shares of the company’s stock after acquiring an additional 6,012 shares during the period. Western Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,239,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Walker Asset Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 3.0% in the 4th quarter. Walker Asset Management LLC now owns 7,015 shares of the company’s stock valued at $352,000 after acquiring an additional 203 shares during the last quarter. Rollins Financial lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 3.8% in the 3rd quarter. Rollins Financial now owns 5,598 shares of the company’s stock valued at $281,000 after acquiring an additional 205 shares during the last quarter. Harbor Investment Advisory LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 7.7% in the 3rd quarter. Harbor Investment Advisory LLC now owns 2,908 shares of the company’s stock valued at $146,000 after acquiring an additional 208 shares during the last quarter. Inscription Capital LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.0% in the 4th quarter. Inscription Capital LLC now owns 5,608 shares of the company’s stock valued at $282,000 after acquiring an additional 214 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 6,562 shares of the company’s stock valued at $329,000 after acquiring an additional 287 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.35 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.93 and a 1-year high of $50.51. The stock has a 50-day moving average of $50.34 and a 200-day moving average of $50.27.

JPMorgan Ultra-Short Income ETF Company 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.