Elevation Wealth Partners LLC Invests $118,000 in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Elevation Wealth Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,339 shares of the company’s stock, valued at approximately $118,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Guardian Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 25.1% during the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock valued at $2,077,000 after acquiring an additional 8,276 shares during the period. Bridgewater Advisors Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 11.2% in the fourth quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock valued at $96,956,000 after purchasing an additional 193,580 shares during the last quarter. Whittier Trust Co. grew its holdings in JPMorgan Ultra-Short Income ETF by 29.5% during the third quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after purchasing an additional 295 shares during the period. Merit Financial Group LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter worth $412,000. Finally, Jaffetilchin Investment Partners LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 9.5% in the third quarter. Jaffetilchin Investment Partners LLC now owns 100,508 shares of the company’s stock valued at $5,100,000 after buying an additional 8,704 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Down 0.0 %

JPST stock opened at $50.43 on Monday. The stock has a fifty day moving average of $50.48 and a 200-day moving average 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.