Hayek Kallen Investment Management Increases Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Hayek Kallen Investment Management increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 77,556 shares of the company’s stock after buying an additional 1,063 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 1.4% of Hayek Kallen Investment Management’s portfolio, making the stock its 22nd biggest position. Hayek Kallen Investment Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,906,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in JPST. New Wave Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $25,000. Eastern Bank increased its holdings in JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares during the last quarter. Howe & Rusling Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $26,000. Maryland Capital Advisors Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $31,000. Finally, Cyrus J. Lawrence LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $31,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

JPST opened at $50.56 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The business’s 50-day simple moving average is $50.51 and its 200-day simple moving average is $50.50.

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.