MBM Wealth Consultants LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 22.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 292,735 shares of the company’s stock after purchasing an additional 52,744 shares during the period. JPMorgan Ultra-Short Income ETF makes up 4.4% of MBM Wealth Consultants LLC’s portfolio, making the stock its 6th biggest position. MBM Wealth Consultants LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $14,751,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Eastern Bank boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares during the last quarter. Kennebec Savings Bank acquired a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at $27,000. Hershey Financial Advisers LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $30,000. Sugar Maple Asset Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $50,000. Finally, Whittier Trust Co. increased its position in shares of JPMorgan Ultra-Short Income ETF by 29.5% in the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after purchasing an additional 295 shares during the last quarter.
JPMorgan Ultra-Short Income ETF Stock Up 0.0 %
Shares of JPST stock opened at $50.50 on Wednesday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The company’s 50-day simple moving average is $50.48 and its 200-day simple moving average is $50.52.
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.
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