Scott Capital Advisors LLC Has $11.33 Million Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Scott Capital Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 225,146 shares of the company’s stock after buying an additional 6,154 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 3.4% of Scott Capital Advisors LLC’s portfolio, making the stock its 9th biggest holding. Scott Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,327,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Mayfair Advisory Group LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.9% during the first quarter. Mayfair Advisory Group LLC now owns 121,168 shares of the company’s stock worth $6,113,000 after buying an additional 5,646 shares in the last quarter. SteelPeak Wealth LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth about $281,000. Clarity Wealth Advisors LLC grew its stake in JPMorgan Ultra-Short Income ETF by 6.0% in the first quarter. Clarity Wealth Advisors LLC now owns 26,313 shares of the company’s stock valued at $1,327,000 after purchasing an additional 1,500 shares in the last quarter. Fiduciary Alliance LLC grew its stake in JPMorgan Ultra-Short Income ETF by 92.8% in the first quarter. Fiduciary Alliance LLC now owns 11,475 shares of the company’s stock valued at $576,000 after purchasing an additional 5,523 shares in the last quarter. Finally, Brooklyn FI LLC grew its stake in JPMorgan Ultra-Short Income ETF by 10.6% in the first quarter. Brooklyn FI LLC now owns 29,728 shares of the company’s stock valued at $1,500,000 after purchasing an additional 2,855 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.47 on Monday. The business has a 50 day moving average price of $50.38 and a two-hundred day moving average price of $50.35. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51.

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.