USAdvisors Wealth Management LLC Grows Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

USAdvisors Wealth Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,839 shares of the company’s stock after purchasing an additional 955 shares during the quarter. USAdvisors Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,510,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 6.8% in the second quarter. The Manufacturers Life Insurance Company now owns 31,200 shares of the company’s stock worth $1,575,000 after buying an additional 2,000 shares in the last quarter. Sanctuary Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $5,598,000. Summit Wealth Partners LLC lifted its position in JPMorgan Ultra-Short Income ETF by 0.9% in the 2nd quarter. Summit Wealth Partners LLC now owns 352,826 shares of the company’s stock valued at $17,807,000 after acquiring an additional 3,140 shares in the last quarter. American Trust boosted its stake in JPMorgan Ultra-Short Income ETF by 781.0% during the 2nd quarter. American Trust now owns 495,871 shares of the company’s stock valued at $25,027,000 after purchasing an additional 439,588 shares during the last quarter. Finally, Anchor Investment Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.3% in the 2nd quarter. Anchor Investment Management LLC now owns 111,986 shares of the company’s stock worth $5,652,000 after purchasing an additional 8,576 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.57 on Thursday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The stock’s fifty day moving average price is $50.48 and its 200-day moving average price is $50.52.

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.