Paces Ferry Wealth Advisors LLC Has $8.93 Million Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Paces Ferry Wealth Advisors LLC increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 176,992 shares of the company’s stock after purchasing an additional 15,335 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 5.4% of Paces Ferry Wealth Advisors LLC’s portfolio, making the stock its 4th largest position. Paces Ferry Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,933,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Transform Wealth LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.9% during the second 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 period. Unique Wealth LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 2.1% during the 1st 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 period. InTrack Investment Management Inc boosted its stake in JPMorgan Ultra-Short Income ETF by 2.4% during the 2nd quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock valued at $454,000 after purchasing an additional 209 shares during the period. Etesian Wealth Advisors Inc. grew its position in JPMorgan Ultra-Short Income ETF by 3.4% in the 2nd quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock worth $322,000 after purchasing an additional 213 shares during the last quarter. Finally, Kathleen S. Wright Associates Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 2.5% in the first quarter. Kathleen S. Wright Associates Inc. now owns 9,307 shares of the company’s stock valued at $470,000 after purchasing an additional 226 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Down 0.0 %

Shares of NYSEARCA JPST opened at $50.63 on Thursday. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.96 and a 12-month high of $50.68. The stock has a 50 day simple moving average of $50.54 and a 200-day simple moving average of $50.42.

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.