Kingsview Wealth Management LLC Has $6.23 Million Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Kingsview Wealth Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 36.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 123,664 shares of the company’s stock after buying an additional 33,126 shares during the period. Kingsview Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,229,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of JPST. New Wave Wealth Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $25,000. Eastern Bank raised 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 worth $26,000 after buying an additional 250 shares in the last quarter. Kennebec Savings Bank acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 82.2% in the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after buying an additional 338 shares in the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $50,000.

JPMorgan Ultra-Short Income ETF Stock Down 0.0 %

JPST stock opened at $50.43 on Friday. The business has a fifty day moving average price of $50.48 and a 200 day moving average price of $50.52. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week 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.