Cardinal Strategic Wealth Guidance Grows Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cardinal Strategic Wealth Guidance boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 109,010 shares of the company’s stock after buying an additional 1,378 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 2.2% of Cardinal Strategic Wealth Guidance’s portfolio, making the stock its 10th biggest holding. Cardinal Strategic Wealth Guidance’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,476,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JPST. Walker Asset Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 3.0% during the fourth quarter. Walker Asset Management LLC now owns 7,015 shares of the company’s stock worth $352,000 after buying an additional 203 shares during the period. Rollins Financial grew its stake in JPMorgan Ultra-Short Income ETF by 3.8% during the 3rd quarter. Rollins Financial now owns 5,598 shares of the company’s stock valued at $281,000 after purchasing an additional 205 shares during the last quarter. Harbor Investment Advisory LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 7.7% during the 3rd quarter. Harbor Investment Advisory LLC now owns 2,908 shares of the company’s stock valued at $146,000 after acquiring an additional 208 shares during the period. Inscription Capital LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.0% in the fourth quarter. Inscription Capital LLC now owns 5,608 shares of the company’s stock worth $282,000 after buying an additional 214 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 4.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 6,562 shares of the company’s stock worth $329,000 after purchasing an additional 287 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST traded up $0.02 during trading hours on Tuesday, reaching $50.33. 1,085,961 shares of the company were exchanged, compared to its average volume of 3,736,457. The stock’s 50-day moving average is $50.34 and its 200-day moving average is $50.27. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51.

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.