Avidian Wealth Solutions LLC Has $1.96 Million Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Avidian Wealth Solutions LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,923 shares of the company’s stock after buying an additional 3,889 shares during the period. Avidian Wealth Solutions LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,955,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. BluePath Capital Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $26,000. Mine & Arao Wealth Creation & Management LLC. acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $30,000. Mendota Financial Group LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $34,000. GPS Wealth Strategies Group LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 65.5% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 998 shares of the company’s stock worth $50,000 after purchasing an additional 395 shares during the last quarter. Finally, Signature Resources Capital Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $50,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST traded up $0.03 during midday trading on Friday, hitting $50.28. The stock had a trading volume of 3,578,758 shares, compared to its average volume of 3,902,906. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.93 and a 12 month high of $50.51. The business’s 50-day simple moving average is $50.34 and its 200-day simple moving average is $50.30.

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.