Holderness Investments Co. Increases Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Holderness Investments Co. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 32,113 shares of the company’s stock after buying an additional 1,512 shares during the period. Holderness Investments Co.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,621,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Client First Investment Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 14.8% during 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 period. AE Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 2.8% in 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 period. Benjamin F. Edwards & Company Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.4% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 33,991 shares of the company’s stock worth $1,716,000 after acquiring an additional 1,440 shares during the period. Concorde Asset Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at about $252,000. Finally, Middleton & Co. Inc. MA acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth about $495,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.69 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.96 and a 52 week high of $50.69. The company has a 50-day moving average price of $50.55 and a 200 day moving average price 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.