JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is Donoghue Forlines LLC’s 2nd Largest Position

Donoghue Forlines LLC grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 40.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 634,530 shares of the company’s stock after acquiring an additional 183,204 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 10.7% of Donoghue Forlines LLC’s holdings, making the stock its 2nd largest holding. Donoghue Forlines LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $31,961,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Galvin Gaustad & Stein LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 10.1% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 52,057 shares of the company’s stock valued at $2,622,000 after purchasing an additional 4,760 shares during the period. Capital Planning Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 49.3% in the 4th quarter. Capital Planning Advisors LLC now owns 11,994 shares of the company’s stock worth $604,000 after purchasing an additional 3,959 shares in the last quarter. Independent Wealth Network Inc. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.5% during the 4th quarter. Independent Wealth Network Inc. now owns 185,253 shares of the company’s stock valued at $9,331,000 after purchasing an additional 7,991 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 444,573 shares of the company’s stock valued at $22,393,000 after purchasing an additional 44,795 shares in the last quarter. Finally, Marino Stram & Associates LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.4% in the fourth quarter. Marino Stram & Associates LLC now owns 17,518 shares of the company’s stock worth $882,000 after purchasing an additional 745 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.52 on Thursday. The stock has a 50 day moving average of $50.48 and a 200 day moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75.

JPMorgan Ultra-Short Income ETF 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.