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

Discipline Wealth Solutions LLC raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 29.8% during the fourth quarter, Holdings Channel reports. The firm owned 5,810 shares of the company’s stock after purchasing an additional 1,333 shares during the period. Discipline Wealth Solutions LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $293,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. New Wave Wealth Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $25,000. Howe & Rusling Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $26,000. Logan Capital Management Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $27,000. Maryland Capital Advisors Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $31,000. Finally, Cyrus J. Lawrence LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $31,000.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.55 on Monday. The firm’s fifty day simple moving average is $50.50 and its 200 day simple moving average is $50.50. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.25 and a twelve 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.