Abich Financial Wealth Management LLC Invests $101,000 in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Abich Financial Wealth Management LLC bought a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,994 shares of the company’s stock, valued at approximately $101,000.

Several other hedge funds have also modified their holdings of the company. Certified Advisory Corp increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 16.2% in the 2nd quarter. Certified Advisory Corp now owns 41,245 shares of the company’s stock worth $2,082,000 after buying an additional 5,753 shares during the last quarter. Holderness Investments Co. increased its position in JPMorgan Ultra-Short Income ETF by 4.9% during the second quarter. Holderness Investments Co. now owns 32,113 shares of the company’s stock valued at $1,621,000 after acquiring an additional 1,512 shares during the last quarter. Client First Investment Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 14.8% in the second quarter. Client First Investment Management LLC now owns 6,208 shares of the company’s stock worth $313,000 after purchasing an additional 801 shares during the last quarter. AE Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 2.8% during the 2nd quarter. AE Wealth Management LLC now owns 839,359 shares of the company’s stock worth $42,362,000 after acquiring an additional 23,197 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.4% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 33,991 shares of the company’s stock valued at $1,716,000 after purchasing an additional 1,440 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.73 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.96 and a 1 year high of $50.73. The firm has a 50-day moving average of $50.56 and a two-hundred day moving average of $50.43.

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.