Highline Wealth Partners LLC Purchases Shares of 467,829 JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Highline Wealth Partners LLC acquired a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 467,829 shares of the company’s stock, valued at approximately $23,738,000. JPMorgan Ultra-Short Income ETF comprises approximately 7.9% of Highline Wealth Partners LLC’s portfolio, making the stock its largest position. Highline Wealth Partners LLC owned approximately 0.10% of JPMorgan Ultra-Short Income ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JPST. Transform Wealth LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.9% in the second quarter. Transform Wealth LLC now owns 10,917 shares of the company’s stock valued at $551,000 after purchasing an additional 200 shares in the last quarter. InTrack Investment Management Inc increased its position in shares of JPMorgan Ultra-Short Income ETF by 2.4% in the 2nd quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock valued at $454,000 after buying an additional 209 shares in the last quarter. Etesian Wealth Advisors Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.4% during the 2nd quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock valued at $322,000 after purchasing an additional 213 shares in the last quarter. Hayek Kallen Investment Management lifted its stake in JPMorgan Ultra-Short Income ETF by 0.3% in the third quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock valued at $3,881,000 after buying an additional 219 shares in the last quarter. Finally, Thompson Davis & CO. Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 3.2% in the 1st quarter. Thompson Davis & CO. Inc. now owns 7,452 shares of the company’s stock worth $376,000 after purchasing an additional 230 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.60 on Wednesday. The company has a 50 day moving average of $50.59 and a 200-day moving average of $50.47. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.97 and a twelve month high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.