Bridgewater Advisors Inc. Purchases 193,580 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Bridgewater Advisors Inc. lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,922,583 shares of the company’s stock after purchasing an additional 193,580 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 10.1% of Bridgewater Advisors Inc.’s portfolio, making the stock its biggest holding. Bridgewater Advisors Inc. owned about 0.42% of JPMorgan Ultra-Short Income ETF worth $96,956,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in JPST. Eastern Bank grew its holdings in JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares during the period. Kennebec Savings Bank purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at approximately $27,000. Hershey Financial Advisers LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $30,000. Whittier Trust Co. grew its stake in 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 valued at $66,000 after acquiring an additional 295 shares during the period. Finally, Wagner Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 188.4% in the 3rd quarter. Wagner Wealth Management LLC now owns 1,693 shares of the company’s stock worth $86,000 after acquiring an additional 1,106 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPST opened at $50.49 on Monday. The firm’s fifty day simple moving average is $50.48 and its two-hundred day simple moving average is $50.51. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week 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.