JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is Scott Capital Advisors LLC’s 10th Largest Position

Scott Capital Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 237,997 shares of the company’s stock after acquiring an additional 593 shares during the period. JPMorgan Ultra-Short Income ETF makes up 3.4% of Scott Capital Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. Scott Capital Advisors LLC owned 0.05% of JPMorgan Ultra-Short Income ETF worth $12,002,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JPST. Eastern Bank raised its stake in shares of 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 buying an additional 250 shares in the last quarter. Kennebec Savings Bank purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $27,000. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $30,000. Whittier Trust Co. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after buying an additional 295 shares in the last quarter. Finally, Wagner Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 188.4% during the 3rd quarter. Wagner Wealth Management LLC now owns 1,693 shares of the company’s stock worth $86,000 after buying an additional 1,106 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.49 on Monday. The stock has a 50 day simple moving average of $50.48 and a 200-day simple moving average 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.