JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Acquired by HBW Advisory Services LLC

HBW Advisory Services LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 362.9% in the 3rd quarter, Holdings Channel reports. The fund owned 136,931 shares of the company’s stock after buying an additional 107,350 shares during the period. JPMorgan Ultra-Short Income ETF makes up 1.0% of HBW Advisory Services LLC’s investment portfolio, making the stock its 19th largest position. HBW Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,948,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth $25,000. LRI Investments LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $30,000. Hershey Financial Advisers LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $30,000. Triad Wealth Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $32,000. Finally, Cooksen Wealth LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $36,000.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock traded down $0.03 during trading on Friday, reaching $50.49. The company had a trading volume of 3,161,077 shares, compared to its average volume of 3,935,597. The firm’s 50-day simple moving average is $50.58 and its 200 day simple moving average is $50.44. 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.