Slow Capital Inc. Increases Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Slow Capital Inc. lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 169.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 28,140 shares of the company’s stock after acquiring an additional 17,681 shares during the period. Slow Capital Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eastern Bank increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares during the period. Kennebec Savings Bank purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $27,000. Hershey Financial Advisers LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $30,000. Sound Income Strategies LLC increased its holdings in 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 during the period. Finally, Sugar Maple Asset Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $50,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPST stock opened at $50.55 on Tuesday. The firm’s fifty day simple moving average is $50.48 and its 200-day simple moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month 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.