Lodestone Wealth Management LLC Buys 2,881 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Lodestone Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.2% in the 4th quarter, Holdings Channel reports. The firm owned 131,513 shares of the company’s stock after buying an additional 2,881 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 3.3% of Lodestone Wealth Management LLC’s holdings, making the stock its 2nd largest position. Lodestone Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,624,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JPST. Guardian Wealth Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 25.1% in the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock valued at $2,077,000 after acquiring an additional 8,276 shares during the last quarter. Essex LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 5.5% in the 4th quarter. Essex LLC now owns 230,834 shares of the company’s stock valued at $11,627,000 after acquiring an additional 12,054 shares during the last quarter. Bridgewater Advisors Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the 4th quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock valued at $96,956,000 after acquiring an additional 193,580 shares during the last quarter. Whittier Trust Co. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 29.5% in the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after acquiring an additional 295 shares during the last quarter. Finally, Merit Financial Group LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $412,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

Shares of JPST opened at $50.50 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75. The stock has a fifty day moving average of $50.48 and a 200-day moving average of $50.52.

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.