HBW Advisory Services LLC Acquires 107,350 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

HBW Advisory Services LLC boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 362.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 136,931 shares of the company’s stock after purchasing an additional 107,350 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 1.0% of HBW Advisory Services LLC’s portfolio, making the stock its 19th largest position. HBW Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,948,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $25,000. LRI Investments LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth about $30,000. Hershey Financial Advisers LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $30,000. Triad Wealth Partners LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $32,000. Finally, Cooksen Wealth LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $36,000.

JPMorgan Ultra-Short Income ETF Stock Down 0.1 %

NYSEARCA JPST traded down $0.03 on Friday, hitting $50.49. 3,161,077 shares of the stock were exchanged, compared to its average volume of 3,935,597. 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 moving average price of $50.58 and a two-hundred day moving average price of $50.44.

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.