Emerald Advisors LLC Takes $488,000 Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Emerald Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,697 shares of the company’s stock, valued at approximately $488,000.

Several other hedge funds have also recently made changes to their positions in the stock. Moloney Securities Asset Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 1.6% during the 4th quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock valued at $739,000 after buying an additional 224 shares during the last quarter. Eastern Bank grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares during the period. SteelPeak Wealth LLC increased its position in JPMorgan Ultra-Short Income ETF by 4.2% during the fourth quarter. SteelPeak Wealth LLC now owns 6,394 shares of the company’s stock valued at $323,000 after acquiring an additional 260 shares during the last quarter. Aspen Wealth Strategies LLC boosted its position in JPMorgan Ultra-Short Income ETF by 1.0% in the third quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock worth $1,372,000 after purchasing an additional 261 shares during the last quarter. Finally, Edgestream Partners L.P. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 0.6% during the 3rd quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock valued at $2,411,000 after purchasing an additional 262 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

Shares of NYSEARCA:JPST opened at $50.52 on Thursday. The firm’s 50 day moving average price is $50.48 and its 200-day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75.

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.