JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Position Boosted by McCarthy Asset Management Inc.

McCarthy Asset Management Inc. lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 630,037 shares of the company’s stock after buying an additional 3,957 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 20.3% of McCarthy Asset Management Inc.’s investment portfolio, making the stock its largest position. McCarthy Asset Management Inc. owned about 0.13% of JPMorgan Ultra-Short Income ETF worth $31,647,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. DAVENPORT & Co LLC increased its position in JPMorgan Ultra-Short Income ETF by 19.1% in the third quarter. DAVENPORT & Co LLC now owns 23,714 shares of the company’s stock worth $1,190,000 after purchasing an additional 3,808 shares during the last quarter. Koshinski Asset Management Inc. bought a new stake in JPMorgan Ultra-Short Income ETF in the third quarter worth $471,000. ACT Advisors LLC. increased its position in JPMorgan Ultra-Short Income ETF by 8,237.9% in the third quarter. ACT Advisors LLC. now owns 620,671 shares of the company’s stock worth $31,145,000 after purchasing an additional 613,227 shares during the last quarter. Evanson Asset Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 257.4% in the third quarter. Evanson Asset Management LLC now owns 17,912 shares of the company’s stock worth $899,000 after purchasing an additional 12,900 shares during the last quarter. Finally, InTrack Investment Management Inc increased its position in JPMorgan Ultra-Short Income ETF by 14.5% in the third quarter. InTrack Investment Management Inc now owns 10,727 shares of the company’s stock worth $538,000 after purchasing an additional 1,358 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

JPST stock traded up $0.01 during mid-day trading on Friday, reaching $50.41. 3,330,310 shares of the stock traded hands, compared to its average volume of 3,825,731. The business has a 50-day moving average price of $50.35 and a two-hundred day moving average price of $50.28. JPMorgan Ultra-Short Income ETF has a one year low of $49.93 and a one year high of $50.51.

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.