Cahaba Wealth Management Inc. Has $15.35 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cahaba Wealth Management Inc. grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 302,567 shares of the company’s stock after purchasing an additional 12,703 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 1.3% of Cahaba Wealth Management Inc.’s portfolio, making the stock its 15th biggest holding. Cahaba Wealth Management Inc. owned approximately 0.07% of JPMorgan Ultra-Short Income ETF worth $15,352,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 2.9% during the first quarter. International Assets Investment Management LLC now owns 20,146 shares of the company’s stock worth $1,012,000 after buying an additional 566 shares in the last quarter. Unique Wealth LLC grew its position in JPMorgan Ultra-Short Income ETF by 2.1% during the first quarter. Unique Wealth LLC now owns 10,258 shares of the company’s stock worth $517,000 after buying an additional 208 shares in the last quarter. Salem Investment Counselors Inc. grew its position in JPMorgan Ultra-Short Income ETF by 4.5% during the first quarter. Salem Investment Counselors Inc. now owns 51,682 shares of the company’s stock worth $2,607,000 after buying an additional 2,236 shares in the last quarter. Birch Capital Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 289.2% during the first quarter. Birch Capital Management LLC now owns 48,434 shares of the company’s stock worth $2,443,000 after buying an additional 35,988 shares in the last quarter. Finally, Market Street Wealth Management Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 185.4% during the first quarter. Market Street Wealth Management Advisors LLC now owns 43,002 shares of the company’s stock worth $2,169,000 after buying an additional 27,935 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPST stock traded up $0.02 during trading on Friday, reaching $50.58. 3,316,760 shares of the stock were exchanged, compared to its average volume of 3,968,215. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.97 and a twelve month high of $50.75. The stock has a 50 day simple moving average of $50.59 and a 200-day simple moving average of $50.45.

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.