Summit Trail Advisors LLC Increases Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Summit Trail Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1,490.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 94,991 shares of the company’s stock after acquiring an additional 89,020 shares during the period. Summit Trail Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,804,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JPST. Principle Wealth Partners LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.6% during the 4th quarter. Principle Wealth Partners LLC now owns 136,030 shares of the company’s stock valued at $6,852,000 after buying an additional 5,927 shares during the period. Bristlecone Advisors LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 28.1% in the 4th quarter. Bristlecone Advisors LLC now owns 167,672 shares of the company’s stock worth $8,446,000 after purchasing an additional 36,780 shares in the last quarter. FSR Wealth Management Ltd. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth $494,000. Elevation Wealth Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth $118,000. Finally, MBA Advisors LLC increased its stake in JPMorgan Ultra-Short Income ETF by 16.3% in the 4th quarter. MBA Advisors LLC now owns 55,212 shares of the company’s stock worth $2,781,000 after buying an additional 7,740 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.45 on Tuesday. The business’s 50-day simple moving average is $50.48 and its two-hundred day simple moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week 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.