Future Financial Wealth Managment LLC Boosts Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Future Financial Wealth Managment LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 46.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 40,312 shares of the company’s stock after acquiring an additional 12,711 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 1.5% of Future Financial Wealth Managment LLC’s investment portfolio, making the stock its 15th largest position. Future Financial Wealth Managment LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,045,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JPST. Thurston Springer Miller Herd & Titak Inc. purchased a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at $25,000. LRI Investments LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the first quarter valued at $30,000. Hershey Financial Advisers LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at $30,000. Triad Wealth Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at $32,000. Finally, Cooksen Wealth LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $36,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

JPST opened at $50.51 on Wednesday. The firm’s fifty day simple moving average is $50.57 and its two-hundred day simple moving average is $50.45. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.97 and a 52-week high of $50.75.

About JPMorgan Ultra-Short Income ETF

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.