Sage Financial Group Inc. Increases Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sage Financial Group Inc. increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,025 shares of the company’s stock after purchasing an additional 4,507 shares during the period. Sage Financial Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,066,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Hayek Kallen Investment Management lifted its stake in JPMorgan Ultra-Short Income ETF by 0.3% in the third quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock worth $3,881,000 after purchasing an additional 219 shares during the last quarter. Eastern Bank lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares during the last quarter. SteelPeak Wealth LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.2% during the 4th quarter. SteelPeak Wealth LLC now owns 6,394 shares of the company’s stock worth $323,000 after acquiring an additional 260 shares during the last quarter. Aspen Wealth Strategies LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 1.0% during 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 period. Finally, Edgestream Partners L.P. grew its position in 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.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.57 on Thursday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The stock has a fifty day simple moving average of $50.48 and a 200-day simple moving average of $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.