Gradient Capital Advisors LLC Acquires 1,600 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Gradient Capital Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 133,554 shares of the company’s stock after purchasing an additional 1,600 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 2.2% of Gradient Capital Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Gradient Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,727,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. New Wave Wealth Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $25,000. Eastern Bank raised its holdings in JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares during the last quarter. Kennebec Savings Bank acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 82.2% in the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock valued at $38,000 after purchasing an additional 338 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $49,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.45 on Wednesday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The firm has a fifty day simple moving average of $50.48 and a 200 day simple moving average of $50.52.

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.