Forza Wealth Management LLC Has $6.51 Million Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Forza Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,180 shares of the company’s stock after buying an additional 4,825 shares during the period. JPMorgan Ultra-Short Income ETF makes up 3.0% of Forza Wealth Management LLC’s holdings, making the stock its 4th largest position. Forza Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,507,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Whittier Trust Co. increased its position in JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after buying an additional 295 shares in the last quarter. Jaffetilchin Investment Partners LLC increased its position in JPMorgan Ultra-Short Income ETF by 9.5% during the 3rd 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 in the last quarter. Nations Financial Group Inc. IA ADV increased its position in JPMorgan Ultra-Short Income ETF by 100.9% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 10,809 shares of the company’s stock valued at $548,000 after buying an additional 5,428 shares in the last quarter. Zega Financial LLC grew its stake in JPMorgan Ultra-Short Income ETF by 30.4% during the 3rd quarter. Zega Financial LLC now owns 30,205 shares of the company’s stock valued at $1,533,000 after purchasing an additional 7,047 shares during the last quarter. Finally, Private Client Services LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at about $280,000.

JPMorgan Ultra-Short Income ETF Stock Down 0.0 %

JPMorgan Ultra-Short Income ETF stock traded down $0.01 during trading hours on Monday, hitting $50.41. 3,314,244 shares of the stock traded hands, compared to its average volume of 6,079,628. The firm’s 50 day moving average price is $50.47 and its 200-day moving average price is $50.51. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75.

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.