JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Purchased by Paragon Advisors LLC

Paragon Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 335.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 382,676 shares of the company’s stock after buying an additional 294,807 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 6.6% of Paragon Advisors LLC’s portfolio, making the stock its 2nd largest holding. Paragon Advisors LLC owned 0.08% of JPMorgan Ultra-Short Income ETF worth $19,275,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Whittier Trust Co. grew its stake in 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. Jaffetilchin Investment Partners LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 9.5% in the third quarter. Jaffetilchin Investment Partners LLC now owns 100,508 shares of the company’s stock valued at $5,100,000 after purchasing an additional 8,704 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its position in shares of JPMorgan Ultra-Short Income ETF by 100.9% in the third quarter. Nations Financial Group Inc. IA ADV now owns 10,809 shares of the company’s stock valued at $548,000 after purchasing an additional 5,428 shares during the last quarter. Zega Financial LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 30.4% during the 3rd quarter. Zega Financial LLC now owns 30,205 shares of the company’s stock worth $1,533,000 after purchasing an additional 7,047 shares in the last quarter. Finally, Private Client Services LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $280,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.42 on Monday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The firm has a 50-day moving average price of $50.47 and a 200 day moving average price 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.