Thompson Davis & CO. Inc. Grows Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Thompson Davis & CO. Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 142.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 28,140 shares of the company’s stock after purchasing an additional 16,527 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 1.1% of Thompson Davis & CO. Inc.’s portfolio, making the stock its 11th largest holding. Thompson Davis & CO. Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,428,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. Transform Wealth LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 1.9% in the 2nd quarter. Transform Wealth LLC now owns 10,917 shares of the company’s stock worth $551,000 after buying an additional 200 shares during the last quarter. InTrack Investment Management Inc raised its stake in JPMorgan Ultra-Short Income ETF by 2.4% in the second quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock valued at $454,000 after buying an additional 209 shares during the last quarter. Etesian Wealth Advisors Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 3.4% during the second quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock worth $322,000 after acquiring an additional 213 shares during the last quarter. Hayek Kallen Investment Management raised its position in shares of JPMorgan Ultra-Short Income ETF by 0.3% in the 3rd quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock valued at $3,881,000 after purchasing an additional 219 shares during the last quarter. Finally, Aspen Wealth Strategies LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 1.0% in the 3rd quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock worth $1,372,000 after purchasing an additional 261 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.51 on Wednesday. The firm’s 50 day simple moving average is $50.55 and its two-hundred day simple moving average is $50.48. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.13 and a 12-month high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.