Swmg LLC Acquires Shares of 37,307 JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Swmg LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, Holdings Channel reports. The institutional investor bought 37,307 shares of the company’s stock, valued at approximately $1,884,000. JPMorgan Ultra-Short Income ETF accounts for approximately 0.8% of Swmg LLC’s holdings, making the stock its 24th largest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Saxony Capital Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 0.7% during the fourth quarter. Saxony Capital Management LLC now owns 44,936 shares of the company’s stock worth $2,263,000 after purchasing an additional 304 shares in the last quarter. New Wave Wealth Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $25,000. Ridgepath Capital Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 83.5% in the fourth quarter. Ridgepath Capital Management LLC now owns 351,277 shares of the company’s stock valued at $17,694,000 after buying an additional 159,861 shares during the last quarter. Hixon Zuercher LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 191.5% in the fourth quarter. Hixon Zuercher LLC now owns 60,753 shares of the company’s stock worth $3,060,000 after buying an additional 39,914 shares in the last quarter. Finally, Fifth Third Securities Inc. acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $222,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

JPST stock opened at $50.60 on Friday. The firm has a 50-day moving average of $50.49 and a two-hundred day moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75.

JPMorgan Ultra-Short Income ETF 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.