Cahaba Wealth Management Inc. Boosts Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cahaba Wealth Management Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 320,891 shares of the company’s stock after purchasing an additional 18,324 shares during the period. JPMorgan Ultra-Short Income ETF comprises 1.3% of Cahaba Wealth Management Inc.’s portfolio, making the stock its 14th largest position. Cahaba Wealth Management Inc. owned 0.07% of JPMorgan Ultra-Short Income ETF worth $16,163,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in JPST. HUB Investment Partners LLC boosted its position in JPMorgan Ultra-Short Income ETF by 41.5% in the 4th quarter. HUB Investment Partners LLC now owns 40,210 shares of the company’s stock valued at $2,025,000 after buying an additional 11,794 shares during the last quarter. Guardian Wealth Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 25.1% in the fourth quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock valued at $2,077,000 after purchasing an additional 8,276 shares during the last quarter. Essex LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 5.5% in the fourth quarter. Essex LLC now owns 230,834 shares of the company’s stock valued at $11,627,000 after purchasing an additional 12,054 shares during the last quarter. Delta Financial Group Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 265.1% during the 4th quarter. Delta Financial Group Inc. now owns 88,683 shares of the company’s stock valued at $4,467,000 after purchasing an additional 64,393 shares in the last quarter. Finally, Bridgewater Advisors Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock worth $96,956,000 after purchasing an additional 193,580 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

JPMorgan Ultra-Short Income ETF stock opened at $50.39 on Monday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75. The stock has a 50 day moving average of $50.51 and a 200-day moving average of $50.50.

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.