Garden State Investment Advisory Services LLC Raises Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Garden State Investment Advisory Services LLC lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,879 shares of the company’s stock after purchasing an additional 789 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $349,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Etesian Wealth Advisors Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.4% in the second quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock valued at $322,000 after purchasing an additional 213 shares during the period. Hayek Kallen Investment Management lifted its stake in JPMorgan Ultra-Short Income ETF by 0.3% during the 3rd quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock valued at $3,881,000 after acquiring an additional 219 shares during the period. Aspen Wealth Strategies LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.0% in the 3rd quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock valued at $1,372,000 after acquiring an additional 261 shares during the last quarter. Edgestream Partners L.P. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.6% in the 3rd quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock valued at $2,411,000 after acquiring an additional 262 shares during the last quarter. Finally, Eagle Bluffs Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 0.6% in the third quarter. Eagle Bluffs Wealth Management LLC now owns 51,672 shares of the company’s stock worth $2,622,000 after acquiring an additional 293 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.50 on Friday. The firm has a fifty day moving average price of $50.51 and a 200 day moving average price of $50.50. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year 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.