Advisory Alpha LLC Has $5.81 Million Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Advisory Alpha LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 115,038 shares of the company’s stock after purchasing an additional 6,136 shares during the period. Advisory Alpha LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,806,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at $25,000. LRI Investments LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the first quarter valued at $30,000. Hershey Financial Advisers LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at $30,000. Triad Wealth Partners LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at $32,000. Finally, Cooksen Wealth LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $36,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.74 on Tuesday. The firm’s fifty day simple moving average is $50.58 and its two-hundred day simple moving average is $50.44. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.96 and a 12 month high of $50.75.

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.