Cardinal Strategic Wealth Guidance Acquires 2,721 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cardinal Strategic Wealth Guidance raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 114,822 shares of the company’s stock after buying an additional 2,721 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 1.9% of Cardinal Strategic Wealth Guidance’s investment portfolio, making the stock its 11th biggest holding. Cardinal Strategic Wealth Guidance’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,826,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $25,000. LRI Investments LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 1st quarter worth about $30,000. Hershey Financial Advisers LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $30,000. Triad Wealth Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $32,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 282.3% in the first quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock valued at $37,000 after purchasing an additional 542 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.38 on Friday. The stock has a 50-day simple moving average of $50.59 and a 200 day simple moving average of $50.47. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.02 and a 52-week high of $50.75.

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.