Allen Capital Group LLC Increases Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Allen Capital Group LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 199,295 shares of the company’s stock after purchasing an additional 22,424 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 1.2% of Allen Capital Group LLC’s portfolio, making the stock its 19th largest position. Allen Capital Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,038,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Hayek Kallen Investment Management lifted its holdings in JPMorgan Ultra-Short Income ETF by 0.3% during the 3rd quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock worth $3,881,000 after buying an additional 219 shares during the last quarter. Eastern Bank raised its position in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares in the last quarter. SteelPeak Wealth LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 4.2% during the fourth quarter. SteelPeak Wealth LLC now owns 6,394 shares of the company’s stock worth $323,000 after purchasing an additional 260 shares during the last quarter. Aspen Wealth Strategies LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 1.0% in the third quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock valued at $1,372,000 after purchasing an additional 261 shares in the last quarter. Finally, Edgestream Partners L.P. increased its stake in JPMorgan Ultra-Short Income ETF by 0.6% in the third quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock valued at $2,411,000 after purchasing an additional 262 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.58 on Wednesday. The firm has a 50 day simple moving average of $50.48 and a 200-day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve 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.