Cary Street Partners Investment Advisory LLC Acquires 10,551 Shares of JPMorgan Ultra-Short Income ETF $JPST

Cary Street Partners Investment Advisory LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2,664.4% in the 4th quarter, HoldingsChannel reports. The fund owned 10,947 shares of the company’s stock after purchasing an additional 10,551 shares during the period. Cary Street Partners Investment Advisory LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $554,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. GatePass Capital LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 11.8% during the fourth quarter. GatePass Capital LLC now owns 67,816 shares of the company’s stock worth $3,431,000 after acquiring an additional 7,161 shares in the last quarter. Harbour Investments Inc. increased its position in shares of JPMorgan Ultra-Short Income ETF by 2.2% during the fourth quarter. Harbour Investments Inc. now owns 393,308 shares of the company’s stock worth $19,897,000 after acquiring an additional 8,377 shares in the last quarter. MSH Capital Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 4.5% during the fourth quarter. MSH Capital Advisors LLC now owns 39,833 shares of the company’s stock worth $2,015,000 after acquiring an additional 1,725 shares in the last quarter. Fisher Asset Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $221,000. Finally, Clearstead Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 57.9% during the fourth quarter. Clearstead Advisors LLC now owns 3,053 shares of the company’s stock worth $154,000 after acquiring an additional 1,119 shares in the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.56 on Wednesday. The firm has a 50-day moving average of $50.53 and a 200-day moving average of $50.62. The company has a market cap of $37.58 billion, a PE ratio of 109.91 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.42 and a one year high of $50.79.

About JPMorgan Ultra-Short Income ETF

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.