KWB Wealth Boosts Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

KWB Wealth grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,353 shares of the company’s stock after purchasing an additional 797 shares during the quarter. KWB Wealth’s holdings in JPMorgan Ultra-Short Income ETF were worth $422,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth $93,574,000. Regal Investment Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 11.1% during the 4th quarter. Regal Investment Advisors LLC now owns 13,431 shares of the company’s stock valued at $675,000 after acquiring an additional 1,338 shares during the period. Sollinda Capital Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $40,809,000. Cabana LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $242,000. Finally, Cresset Asset Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 8.2% during the fourth quarter. Cresset Asset Management LLC now owns 528,606 shares of the company’s stock valued at $26,677,000 after purchasing an additional 40,043 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST traded up $0.01 during midday trading on Monday, reaching $50.49. The stock had a trading volume of 3,339,029 shares, compared to its average volume of 3,937,581. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.97 and a 12-month high of $50.75. The stock has a 50-day moving average of $50.58 and a 200-day 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.