Choreo LLC Raises Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Choreo LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 565.7% during the fourth quarter, HoldingsChannel reports. The firm owned 344,256 shares of the company’s stock after buying an additional 292,546 shares during the quarter. Choreo LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $17,412,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JPST. New Wave Wealth Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $25,000. Eastern Bank raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares during the period. Kennebec Savings Bank purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth approximately $27,000. Sound Income Strategies LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 82.2% in the fourth quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after buying an additional 338 shares during the period. Finally, Sugar Maple Asset Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $50,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of NYSEARCA JPST opened at $50.43 on Wednesday. The business’s 50 day moving average price is $50.48 and its 200-day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two 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.