AIFG Consultants Ltd. Has $855,000 Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

AIFG Consultants Ltd. increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 96.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,888 shares of the company’s stock after purchasing an additional 8,305 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 1.4% of AIFG Consultants Ltd.’s holdings, making the stock its 21st biggest position. AIFG Consultants Ltd.’s holdings in JPMorgan Ultra-Short Income ETF were worth $855,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JPST. JPMorgan Chase & Co. boosted its holdings in 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 worth $4,911,897,000 after purchasing an additional 23,971,471 shares during the last quarter. Raymond James Financial Inc. purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $173,884,000. Brooklyn FI LLC boosted its holdings in 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 worth $150,461,000 after purchasing an additional 2,937,124 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in 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 worth $190,457,000 after purchasing an additional 2,048,587 shares during the last quarter. Finally, State of Tennessee Department of Treasury purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $91,006,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.60 on Tuesday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.25 and a fifty-two week high of $50.75. The firm’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.