Ruggaard & Associates LLC Boosts Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Ruggaard & Associates LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 294,777 shares of the company’s stock after purchasing an additional 9,389 shares during the period. JPMorgan Ultra-Short Income ETF comprises 6.5% of Ruggaard & Associates LLC’s portfolio, making the stock its largest holding. Ruggaard & Associates LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $14,848,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JPST. Stifel Financial Corp boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.6% in the third quarter. Stifel Financial Corp now owns 1,499,343 shares of the company’s stock worth $76,077,000 after buying an additional 65,602 shares during the last quarter. EP Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 7.1% during the 3rd quarter. EP Wealth Advisors LLC now owns 73,387 shares of the company’s stock valued at $3,724,000 after acquiring an additional 4,834 shares during the period. Zega Financial LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 30.4% in 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. Orion Portfolio Solutions LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 15.0% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 105,931 shares of the company’s stock worth $5,375,000 after purchasing an additional 13,857 shares during the period. Finally, MCIA Inc purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at $848,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.48 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The firm has a fifty day moving average price of $50.53 and a 200-day moving average price of $50.52.

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.