Perigon Wealth Management LLC Purchases 12,834 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Perigon Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 150,654 shares of the company’s stock after purchasing an additional 12,834 shares during the period. Perigon Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,628,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of JPST. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 32.6% during the fourth quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock valued at $4,911,897,000 after purchasing an additional 23,971,471 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $173,884,000. Brooklyn FI LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 6,968.8% during the fourth quarter. Brooklyn FI LLC now owns 2,979,271 shares of the company’s stock valued at $150,461,000 after purchasing an additional 2,937,124 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 118.2% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 3,781,153 shares of the company’s stock valued at $190,457,000 after purchasing an additional 2,048,587 shares during the last quarter. Finally, State of Tennessee Department of Treasury bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $91,006,000.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.61 on Thursday. JPMorgan Ultra-Short Income ETF has a one year low of $50.25 and a one year high of $50.75. The company’s 50 day simple moving average is $50.52 and its 200-day simple moving average is $50.50.

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.