StoneCrest Wealth Management Inc. Boosts Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

StoneCrest Wealth Management Inc. grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 157.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,054 shares of the company’s stock after acquiring an additional 17,781 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 1.1% of StoneCrest Wealth Management Inc.’s holdings, making the stock its 29th largest position. StoneCrest Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,474,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Transform Wealth LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 1.9% in the 2nd quarter. Transform Wealth LLC now owns 10,917 shares of the company’s stock valued at $551,000 after acquiring an additional 200 shares during the last quarter. Unique Wealth LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.1% in the first quarter. Unique Wealth LLC now owns 10,258 shares of the company’s stock valued at $517,000 after purchasing an additional 208 shares during the last quarter. InTrack Investment Management Inc lifted its position in JPMorgan Ultra-Short Income ETF by 2.4% during the second quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock worth $454,000 after buying an additional 209 shares in the last quarter. Etesian Wealth Advisors Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 3.4% during the second quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock worth $322,000 after buying an additional 213 shares during the last quarter. Finally, Kathleen S. Wright Associates Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 2.5% during the first quarter. Kathleen S. Wright Associates Inc. now owns 9,307 shares of the company’s stock worth $470,000 after buying an additional 226 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

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

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.