Vawter Financial Ltd. Has $2.79 Million Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Vawter Financial Ltd. raised its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 55,395 shares of the company’s stock after acquiring an additional 7,880 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 1.7% of Vawter Financial Ltd.’s portfolio, making the stock its 17th largest position. Vawter Financial Ltd.’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,790,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Bank of Jackson Hole Trust acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $369,000. Valley Wealth Managers Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 12.4% in the 4th quarter. Valley Wealth Managers Inc. now owns 316,865 shares of the company’s stock valued at $15,961,000 after buying an additional 34,865 shares during the last quarter. Key Financial Inc grew its holdings in JPMorgan Ultra-Short Income ETF by 662.6% in the 4th quarter. Key Financial Inc now owns 6,940 shares of the company’s stock valued at $350,000 after buying an additional 6,030 shares during the last quarter. Bfsg LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 0.9% in the 4th quarter. Bfsg LLC now owns 180,955 shares of the company’s stock valued at $9,115,000 after buying an additional 1,593 shares during the last quarter. Finally, Fortis Group Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 13.2% in the 4th quarter. Fortis Group Advisors LLC now owns 9,239 shares of the company’s stock valued at $465,000 after buying an additional 1,080 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.49 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75. The business’s 50 day moving average is $50.48 and its 200-day moving average is $50.52.

JPMorgan Ultra-Short Income ETF Company 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.