White Wing Wealth Management Raises Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

White Wing Wealth Management increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.3% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 386,113 shares of the company’s stock after buying an additional 59,790 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 15.5% of White Wing Wealth Management’s portfolio, making the stock its 2nd largest holding. White Wing Wealth Management owned approximately 0.06% of JPMorgan Ultra-Short Income ETF worth $19,495,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of JPST. One Degree Advisors Inc boosted its holdings in JPMorgan Ultra-Short Income ETF by 3.8% in the fourth quarter. One Degree Advisors Inc now owns 6,075 shares of the company’s stock valued at $306,000 after acquiring an additional 222 shares in the last quarter. Floyd Financial Group LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 0.3% in the first quarter. Floyd Financial Group LLC now owns 76,218 shares of the company’s stock worth $3,859,000 after buying an additional 239 shares in the last quarter. Linscomb Wealth Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.1% in the 4th quarter. Linscomb Wealth Inc. now owns 8,026 shares of the company’s stock worth $404,000 after purchasing an additional 241 shares in the last quarter. Apella Capital LLC raised its position in JPMorgan Ultra-Short Income ETF by 1.5% in the 1st quarter. Apella Capital LLC now owns 19,521 shares of the company’s stock worth $983,000 after buying an additional 285 shares during the last quarter. Finally, Coppell Advisory Solutions LLC lifted its position in JPMorgan Ultra-Short Income ETF by 32.7% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,161 shares of the company’s stock valued at $59,000 after purchasing an additional 286 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.54 on Wednesday. The stock’s fifty day moving average price is $50.50 and its 200-day moving average price is $50.50. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.25 and a 1 year 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.