Herold Advisors Inc. Boosts Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Herold Advisors Inc. raised its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 55,152 shares of the company’s stock after acquiring an additional 5,794 shares during the period. Herold Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,770,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Tradewinds Capital Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 0.7% in the fourth quarter. Tradewinds Capital Management LLC now owns 107,825 shares of the company’s stock valued at $5,416,000 after purchasing an additional 801 shares during the last quarter. Krilogy Financial LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 6.5% in the fourth quarter. Krilogy Financial LLC now owns 198,817 shares of the company’s stock valued at $9,987,000 after purchasing an additional 12,213 shares during the last quarter. Redmont Wealth Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 2.3% during the 4th quarter. Redmont Wealth Advisors LLC now owns 22,363 shares of the company’s stock worth $1,123,000 after acquiring an additional 493 shares in the last quarter. WNY Asset Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 460.6% during the 3rd quarter. WNY Asset Management LLC now owns 110,265 shares of the company’s stock worth $5,533,000 after acquiring an additional 90,596 shares in the last quarter. Finally, Buck Wealth Strategies LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.1% during the 4th quarter. Buck Wealth Strategies LLC now owns 66,202 shares of the company’s stock worth $3,325,000 after acquiring an additional 2,587 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.41 on Friday. The company’s 50-day simple moving average is $50.35 and its 200-day simple moving average is $50.28. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.51.

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.