Andrew Hill Investment Advisors Inc. Buys Shares of 8,920 JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Andrew Hill Investment Advisors Inc. purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,920 shares of the company’s stock, valued at approximately $448,000.

Several other hedge funds also recently bought and sold shares of JPST. Stonehearth Capital Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.8% in the 4th quarter. Stonehearth Capital Management LLC now owns 470,497 shares of the company’s stock valued at $23,586,000 after acquiring an additional 3,866 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in JPMorgan Ultra-Short Income ETF by 8.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 10,200 shares of the company’s stock worth $511,000 after buying an additional 800 shares in the last quarter. Baird Financial Group Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 21.8% in the 4th quarter. Baird Financial Group Inc. now owns 56,881 shares of the company’s stock worth $2,851,000 after buying an additional 10,181 shares during the last quarter. Brown Advisory Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $2,806,000. Finally, Advisors Asset Management Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 119.6% during the 4th quarter. Advisors Asset Management Inc. now owns 2,585 shares of the company’s stock worth $130,000 after acquiring an additional 1,408 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPST traded up $0.01 during midday trading on Friday, hitting $50.35. The stock had a trading volume of 1,542,500 shares, compared to its average volume of 3,789,268. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.93 and a 1 year high of $50.51. The business has a fifty day moving average of $50.34 and a 200 day moving average of $50.27.

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.