VCI Wealth Management LLC Has $14.17 Million Stake in JPMorgan Ultra-Short Income ETF $JPST

VCI Wealth Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 279,248 shares of the company’s stock after purchasing an additional 17,282 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 4.3% of VCI Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding. VCI Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $14,166,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Chelsea Counsel Co. purchased a new stake in JPMorgan Ultra-Short Income ETF in the first quarter worth about $25,000. Brentview Investment Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $35,000. Silicon Valley Capital Partners purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $37,000. Quaker Wealth Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 173.1% during the second quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock valued at $41,000 after purchasing an additional 1,906 shares in the last quarter. Finally, Vestor Capital LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $41,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

JPST opened at $50.73 on Friday. The company has a market cap of $34.26 billion, a price-to-earnings ratio of 110.28 and a beta of 0.01. The stock has a fifty day simple moving average of $50.67 and a two-hundred day simple moving average of $50.64. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.78.

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.