Bristlecone Advisors LLC Raises Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Bristlecone Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 28.1% in the fourth quarter, Holdings Channel reports. The fund owned 167,672 shares of the company’s stock after purchasing an additional 36,780 shares during the quarter. Bristlecone Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,446,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. New Wave Wealth Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $25,000. Eastern Bank raised its holdings 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 last quarter. Kennebec Savings Bank purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter worth approximately $27,000. Sound Income Strategies LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 82.2% during 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 last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $49,000.

JPMorgan Ultra-Short Income ETF Trading Down 0.0 %

Shares of JPST opened at $50.43 on Monday. The firm has a 50-day simple moving average of $50.48 and a two-hundred day simple moving average of $50.52. 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 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.