Saxony Capital Management LLC Buys 304 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Saxony Capital Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,936 shares of the company’s stock after purchasing an additional 304 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 2.0% of Saxony Capital Management LLC’s holdings, making the stock its 14th largest holding. Saxony Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in JPST. New Wave Wealth Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $25,000. Eastern Bank increased its position in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares during the period. Kennebec Savings Bank acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $27,000. Sound Income Strategies LLC increased its position in JPMorgan Ultra-Short Income ETF by 82.2% in the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock valued at $38,000 after acquiring an additional 338 shares during the period. Finally, Sugar Maple Asset Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $50,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.59 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75. The firm has a 50 day moving average price of $50.49 and a two-hundred day moving average price of $50.52.

About JPMorgan Ultra-Short Income ETF

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.