JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Bought by SMART Wealth LLC

SMART Wealth LLC increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 56.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 76,777 shares of the company’s stock after buying an additional 27,837 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 1.4% of SMART Wealth LLC’s portfolio, making the stock its 19th largest position. SMART Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,867,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of JPST. The Manufacturers Life Insurance Company grew its stake in JPMorgan Ultra-Short Income ETF by 6.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 31,200 shares of the company’s stock valued at $1,575,000 after purchasing an additional 2,000 shares in the last quarter. Northwest Capital Management Inc boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.3% during the 3rd quarter. Northwest Capital Management Inc now owns 19,045 shares of the company’s stock valued at $966,000 after buying an additional 787 shares during the last quarter. Strategic Wealth Partners Ltd. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 17.8% during the 3rd quarter. Strategic Wealth Partners Ltd. now owns 26,929 shares of the company’s stock valued at $1,366,000 after buying an additional 4,070 shares during the last quarter. O Connor Financial Group LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 12.4% during the third quarter. O Connor Financial Group LLC now owns 84,208 shares of the company’s stock worth $4,273,000 after buying an additional 9,300 shares in the last quarter. Finally, Patten Group Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 7.2% in the third quarter. Patten Group Inc. now owns 61,827 shares of the company’s stock worth $3,137,000 after buying an additional 4,147 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.44 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The company’s fifty day moving average price is $50.48 and its two-hundred day moving average price is $50.52.

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.