Independent Solutions Wealth Management LLC Acquires New Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Independent Solutions Wealth Management LLC bought a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the third quarter, Holdings Channel reports. The firm bought 10,276 shares of the company’s stock, valued at approximately $521,000.

Several other hedge funds have also recently made changes to their positions in the company. Garden State Investment Advisory Services LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 13.0% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 6,879 shares of the company’s stock valued at $349,000 after acquiring an additional 789 shares during the period. Franklin Resources Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 1.5% during the 3rd quarter. Franklin Resources Inc. now owns 456,509 shares of the company’s stock worth $23,072,000 after purchasing an additional 6,738 shares in the last quarter. Peapack Gladstone Financial Corp boosted its stake in JPMorgan Ultra-Short Income ETF by 7.0% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 503,296 shares of the company’s stock worth $25,537,000 after purchasing an additional 32,832 shares during the period. Synovus Financial Corp grew its holdings in JPMorgan Ultra-Short Income ETF by 80.4% during the 3rd quarter. Synovus Financial Corp now owns 623,010 shares of the company’s stock valued at $31,611,000 after buying an additional 277,669 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 4.2% during the third quarter. Sanctuary Advisors LLC now owns 115,726 shares of the company’s stock valued at $5,846,000 after buying an additional 4,672 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of JPMorgan Ultra-Short Income ETF stock traded up $0.01 during trading on Thursday, hitting $50.47. The stock had a trading volume of 3,807,542 shares, compared to its average volume of 4,436,239. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The business’s 50-day moving average is $50.50 and its 200 day moving average is $50.50.

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.