Slow Capital Inc. Raises Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Slow Capital Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 169.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,140 shares of the company’s stock after buying an additional 17,681 shares during the quarter. Slow Capital Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,418,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. The Manufacturers Life Insurance Company raised its holdings in JPMorgan Ultra-Short Income ETF by 6.8% in the second quarter. The Manufacturers Life Insurance Company now owns 31,200 shares of the company’s stock worth $1,575,000 after purchasing an additional 2,000 shares in the last quarter. Newport Capital Group LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $3,648,000. Hershey Financial Advisers LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $30,000. Next Capital Management LLC lifted its position in JPMorgan Ultra-Short Income ETF by 47.3% during the second quarter. Next Capital Management LLC now owns 45,203 shares of the company’s stock valued at $2,281,000 after acquiring an additional 14,524 shares during the last quarter. Finally, Advisory Alpha LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 5.6% in the second quarter. Advisory Alpha LLC now owns 115,038 shares of the company’s stock valued at $5,806,000 after acquiring an additional 6,136 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.55 on Tuesday. The stock’s fifty day moving average price is $50.48 and its 200 day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75.

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.