Runnymede Capital Advisors Inc. Acquires New Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Runnymede Capital Advisors Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 1,000 shares of the company’s stock, valued at approximately $50,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in JPMorgan Ultra-Short Income ETF by 26.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock worth $3,731,666,000 after purchasing an additional 15,245,816 shares in the last quarter. HB Wealth Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after purchasing an additional 838,189 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in JPMorgan Ultra-Short Income ETF by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after purchasing an additional 103,192 shares in the last quarter. Cerity Partners LLC raised its position in JPMorgan Ultra-Short Income ETF by 9.5% in the 3rd quarter. Cerity Partners LLC now owns 3,570,373 shares of the company’s stock valued at $181,161,000 after purchasing an additional 308,312 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $173,884,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.59 on Friday. The company’s fifty day moving average is $50.51 and its two-hundred day moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.