Carolinas Wealth Consulting LLC Increases Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Carolinas Wealth Consulting LLC increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 175,857 shares of the company’s stock after acquiring an additional 18,843 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 1.6% of Carolinas Wealth Consulting LLC’s holdings, making the stock its 17th largest position. Carolinas Wealth Consulting LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,875,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in JPST. ADAR1 Capital Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $2,461,000. Peapack Gladstone Financial Corp grew its position in JPMorgan Ultra-Short Income ETF by 0.3% in the 4th quarter. Peapack Gladstone Financial Corp now owns 429,869 shares of the company’s stock worth $21,592,000 after purchasing an additional 1,252 shares during the period. Insight 2811 Inc. grew its position in JPMorgan Ultra-Short Income ETF by 89.1% in the 4th quarter. Insight 2811 Inc. now owns 112,515 shares of the company’s stock worth $5,652,000 after purchasing an additional 53,030 shares during the period. Security National Bank grew its position in JPMorgan Ultra-Short Income ETF by 6.3% in the 4th quarter. Security National Bank now owns 9,853 shares of the company’s stock worth $495,000 after purchasing an additional 588 shares during the period. Finally, Catalytic Wealth RIA LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $1,162,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

NYSEARCA:JPST opened at $50.65 on Wednesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.96 and a 12 month high of $50.68. The company has a 50 day simple moving average of $50.53 and a two-hundred day simple moving average of $50.42.

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.