Philip James Wealth Mangement LLC Has $11.82 Million Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Philip James Wealth Mangement LLC decreased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 234,702 shares of the company’s stock after selling 6,905 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.5% of Philip James Wealth Mangement LLC’s portfolio, making the stock its 11th biggest position. Philip James Wealth Mangement LLC owned about 0.05% of JPMorgan Ultra-Short Income ETF worth $11,822,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. New Wave Wealth Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $25,000. Eastern Bank grew its position 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 acquiring an additional 250 shares during the last quarter. Kennebec Savings Bank bought a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $27,000. Maryland Capital Advisors Inc. bought a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $31,000. Finally, Bogart Wealth LLC grew its position in JPMorgan Ultra-Short Income ETF by 7,744.4% during the 4th quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock worth $36,000 after acquiring an additional 697 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.50 on Monday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The stock’s fifty day simple moving average is $50.48 and its 200 day simple moving average is $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.