Apella Capital LLC Acquires 492 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Apella Capital LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,716 shares of the company’s stock after purchasing an additional 492 shares during the quarter. Apella Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $946,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $25,000. LRI Investments LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the first quarter worth $30,000. Hershey Financial Advisers LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $30,000. Triad Wealth Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at $32,000. Finally, Cooksen Wealth LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $36,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock traded down $0.04 during midday trading on Friday, reaching $50.48. The stock had a trading volume of 4,140,627 shares, compared to its average volume of 3,940,665. The firm has a fifty 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 52-week low of $49.97 and a 52-week 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.