Runnymede Capital Advisors Inc. Invests $50,000 in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Runnymede Capital Advisors Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,000 shares of the company’s stock, valued at approximately $50,000.

Other hedge funds also recently modified their holdings of the company. Cyrus J. Lawrence LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $31,000. ZEGA Investments LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $2,944,000. Millstone Evans Group LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $61,000. Independent Solutions Wealth Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 321.5% in the 4th quarter. Independent Solutions Wealth Management LLC now owns 43,312 shares of the company’s stock valued at $2,182,000 after buying an additional 33,036 shares during the last quarter. Finally, AllSquare Wealth Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 25.4% in the 4th quarter. AllSquare Wealth Management LLC now owns 44,400 shares of the company’s stock valued at $2,236,000 after buying an additional 9,000 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.59 on Friday. The business’s 50 day simple moving average is $50.51 and its 200 day simple moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75.

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.