Physician Wealth Advisors Inc. Purchases Shares of 5,879 JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Physician Wealth Advisors Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,879 shares of the company’s stock, valued at approximately $297,000.

A number of other hedge funds also recently made changes to their positions in JPST. Scott Capital Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 2.8% during the 1st quarter. Scott Capital Advisors LLC now owns 225,146 shares of the company’s stock valued at $11,327,000 after purchasing an additional 6,154 shares during the period. Concourse Financial Group Securities Inc. raised its stake in JPMorgan Ultra-Short Income ETF by 16.0% during the first quarter. Concourse Financial Group Securities Inc. now owns 8,524 shares of the company’s stock worth $430,000 after buying an additional 1,178 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in JPMorgan Ultra-Short Income ETF by 33.4% during the first quarter. Oppenheimer & Co. Inc. now owns 81,809 shares of the company’s stock worth $4,127,000 after buying an additional 20,492 shares during the last quarter. Brookstone Capital Management lifted its holdings in JPMorgan Ultra-Short Income ETF by 14.7% in the second quarter. Brookstone Capital Management now owns 26,243 shares of the company’s stock valued at $1,324,000 after buying an additional 3,354 shares during the period. Finally, First Horizon Advisors Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 18.5% during the second quarter. First Horizon Advisors Inc. now owns 3,200 shares of the company’s stock valued at $162,000 after acquiring an additional 500 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.57 on Thursday. The stock has a 50-day moving average price of $50.58 and a 200-day moving average price of $50.45. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.97 and a 1-year high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.