World Equity Group Inc. Raises Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

World Equity Group Inc. grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 161.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 19,864 shares of the company’s stock after purchasing an additional 12,253 shares during the quarter. World Equity Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,001,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of JPST. New Wave Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $25,000. Eastern Bank raised its holdings in JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares during the last quarter. Kennebec Savings Bank purchased a new position in JPMorgan Ultra-Short Income ETF in the third quarter worth about $27,000. Maryland Capital Advisors Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $31,000. Finally, Bogart Wealth LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 7,744.4% in the fourth quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock worth $36,000 after buying an additional 697 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.56 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75. The company has a 50-day simple moving average of $50.48 and a two-hundred day simple moving average of $50.52.

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.