Lpwm LLC Has $16.14 Million Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Lpwm LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 73.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 318,829 shares of the company’s stock after buying an additional 134,762 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 5.2% of Lpwm LLC’s holdings, making the stock its 4th biggest holding. Lpwm LLC owned about 0.05% of JPMorgan Ultra-Short Income ETF worth $16,142,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of JPST. One Degree Advisors Inc grew its holdings in JPMorgan Ultra-Short Income ETF by 3.8% in the fourth quarter. One Degree Advisors Inc now owns 6,075 shares of the company’s stock worth $306,000 after purchasing an additional 222 shares during the period. Moloney Securities Asset Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 1.6% in the fourth quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock worth $739,000 after purchasing an additional 224 shares during the period. Floyd Financial Group LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 0.3% in the first quarter. Floyd Financial Group LLC now owns 76,218 shares of the company’s stock worth $3,859,000 after purchasing an additional 239 shares during the period. Linscomb Wealth Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 3.1% in the fourth quarter. Linscomb Wealth Inc. now owns 8,026 shares of the company’s stock worth $404,000 after purchasing an additional 241 shares during the period. Finally, Apella Capital LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 1.5% in the first quarter. Apella Capital LLC now owns 19,521 shares of the company’s stock worth $983,000 after purchasing an additional 285 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.45 on Friday. The firm has a fifty day simple moving average of $50.49 and a two-hundred day simple moving average of $50.50. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.25 and a 12 month high of $50.75.

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.