Northwest Capital Management Inc Raises Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Northwest Capital Management Inc grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 19,045 shares of the company’s stock after acquiring an additional 787 shares during the quarter. Northwest Capital Management Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $966,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in JPST. Thurston Springer Miller Herd & Titak Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at $25,000. LRI Investments LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 1st quarter valued at about $30,000. Hershey Financial Advisers LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $30,000. Triad Wealth Partners LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $32,000. Finally, Cooksen Wealth LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $36,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.51 on Wednesday. The business has a 50 day simple moving average of $50.58 and a two-hundred day simple moving average of $50.45. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.97 and a 1 year 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.