WealthTrak Capital Management LLC Buys New Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

WealthTrak Capital Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, HoldingsChannel reports. The firm purchased 22,698 shares of the company’s stock, valued at approximately $1,143,000. JPMorgan Ultra-Short Income ETF makes up 1.0% of WealthTrak Capital Management LLC’s investment portfolio, making the stock its 28th largest holding.

Other large investors also recently modified their holdings of the company. HUB Investment Partners LLC increased its position in JPMorgan Ultra-Short Income ETF by 41.5% during the fourth quarter. HUB Investment Partners LLC now owns 40,210 shares of the company’s stock worth $2,025,000 after acquiring an additional 11,794 shares during the period. Guardian Wealth Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 25.1% in the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock worth $2,077,000 after purchasing an additional 8,276 shares during the last quarter. Essex LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.5% during the 4th quarter. Essex LLC now owns 230,834 shares of the company’s stock worth $11,627,000 after purchasing an additional 12,054 shares during the period. Delta Financial Group Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 265.1% during the fourth quarter. Delta Financial Group Inc. now owns 88,683 shares of the company’s stock valued at $4,467,000 after buying an additional 64,393 shares during the last quarter. Finally, Bridgewater Advisors Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the fourth quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock valued at $96,956,000 after buying an additional 193,580 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.62 on Friday. The stock’s 50-day moving average price is $50.53 and its 200 day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month 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.