Dudley Capital Management LLC Boosts Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Dudley Capital Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,012 shares of the company’s stock after buying an additional 318 shares during the quarter. Dudley Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $504,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. New Wave Wealth Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $25,000. Eastern Bank lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares during the period. Maryland Capital Advisors Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $31,000. Cyrus J. Lawrence LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $31,000. Finally, Cullen Frost Bankers Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth $33,000.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.56 on Tuesday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The business has a fifty day moving average of $50.52 and a two-hundred day moving average of $50.52.

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.