Centerpoint Advisory Group Takes $519,000 Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Centerpoint Advisory Group acquired a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,309 shares of the company’s stock, valued at approximately $519,000.

A number of other hedge funds have also added to or reduced their stakes in JPST. Moloney Securities Asset Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 1.6% during the 4th quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock worth $739,000 after buying an additional 224 shares during the last quarter. Eastern Bank boosted its position in JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares during the last quarter. SteelPeak Wealth LLC grew its stake in JPMorgan Ultra-Short Income ETF by 4.2% in the fourth quarter. SteelPeak Wealth LLC now owns 6,394 shares of the company’s stock valued at $323,000 after purchasing an additional 260 shares in the last quarter. Aspen Wealth Strategies LLC grew its stake in JPMorgan Ultra-Short Income ETF by 1.0% in the third quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock valued at $1,372,000 after purchasing an additional 261 shares in the last quarter. Finally, Edgestream Partners L.P. grew its stake in JPMorgan Ultra-Short Income ETF by 0.6% in the third quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock valued at $2,411,000 after purchasing an additional 262 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.50 on Friday. The business has a 50 day moving average price of $50.48 and a two-hundred day moving average price of $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75.

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.