Creative Financial Designs Inc. ADV Grows Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Creative Financial Designs Inc. ADV increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 140,246 shares of the company’s stock after acquiring an additional 10,382 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,095,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cardiff Park Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $25,000. Rossmore Private Capital acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $25,000. Jackson Hole Capital Partners LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $28,000. MGB Wealth Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $30,000. Finally, TD Private Client Wealth LLC raised its stake in JPMorgan Ultra-Short Income ETF by 89.1% during the 4th quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock worth $38,000 after acquiring an additional 350 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.49 on Wednesday. The company’s fifty day moving average price is $50.53 and its 200 day moving average price is $50.62. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.42 and a 12 month high of $50.79. The firm has a market capitalization of $37.53 billion, a P/E ratio of 109.76 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF Company 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.