JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Bought by Mountain Capital Investment Advisors Inc.

Mountain Capital Investment Advisors Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 347.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 75,129 shares of the company’s stock after purchasing an additional 58,322 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 0.8% of Mountain Capital Investment Advisors Inc.’s holdings, making the stock its 13th biggest position. Mountain Capital Investment Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,793,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. One Degree Advisors Inc increased its holdings in shares of 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 valued at $306,000 after purchasing an additional 222 shares during the last quarter. Faithward Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $274,000. Advisory Services Network LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 110.0% in the 4th quarter. Advisory Services Network LLC now owns 94,760 shares of the company’s stock worth $4,773,000 after acquiring an additional 49,632 shares during the last quarter. Renaissance Technologies LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.1% during the 4th quarter. Renaissance Technologies LLC now owns 1,830,800 shares of the company’s stock worth $92,217,000 after acquiring an additional 182,900 shares during the period. Finally, Southeast Asset Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 41.5% during the 4th quarter. Southeast Asset Advisors LLC now owns 212,672 shares of the company’s stock worth $10,712,000 after acquiring an additional 62,409 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.36 on Thursday. The company has a 50-day moving average price of $50.51 and a 200 day moving average price of $50.51. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 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.