Mach 1 Financial Group LLC Raises Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Mach 1 Financial Group LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 99,475 shares of the company’s stock after acquiring an additional 16,845 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 1.9% of Mach 1 Financial Group LLC’s portfolio, making the stock its 10th biggest position. Mach 1 Financial Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,997,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in JPST. BluePath Capital Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at $26,000. Mendota Financial Group LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $34,000. GPS Wealth Strategies Group LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 65.5% in the third quarter. GPS Wealth Strategies Group LLC now owns 998 shares of the company’s stock worth $50,000 after buying an additional 395 shares in the last quarter. Winch Advisory Services LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $52,000. Finally, McClarren Financial Advisors Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $69,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST traded up $0.01 during mid-day trading on Tuesday, reaching $50.44. The stock had a trading volume of 4,427,504 shares, compared to its average volume of 3,861,702. The company has a fifty day moving average price of $50.35 and a 200 day moving average price of $50.29. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.93 and a 1 year high of $50.51.

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.