ProVise Management Group LLC Increases Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

ProVise Management Group LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 201,417 shares of the company’s stock after buying an additional 455 shares during the quarter. ProVise Management Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,117,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Bank of New York Mellon Corp boosted its position in JPMorgan Ultra-Short Income ETF by 29.5% in the third quarter. Bank of New York Mellon Corp now owns 12,705 shares of the company’s stock worth $638,000 after purchasing an additional 2,892 shares during the last quarter. WealthPlan Investment Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 357.2% in the 3rd quarter. WealthPlan Investment Management LLC now owns 7,137 shares of the company’s stock worth $358,000 after buying an additional 5,576 shares during the period. Lincoln National Corp raised its position in shares of JPMorgan Ultra-Short Income ETF by 66.2% in the 3rd quarter. Lincoln National Corp now owns 589,466 shares of the company’s stock worth $29,579,000 after acquiring an additional 234,822 shares in the last quarter. PFG Investments LLC increased its position in JPMorgan Ultra-Short Income ETF by 22.7% during the 3rd quarter. PFG Investments LLC now owns 42,940 shares of the company’s stock valued at $2,155,000 after buying an additional 7,940 shares in the last quarter. Finally, Tradewinds LLC. grew its stake in JPMorgan Ultra-Short Income ETF by 4.0% during the 3rd quarter. Tradewinds LLC. now owns 57,891 shares of the company’s stock valued at $2,905,000 after purchasing an additional 2,251 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock traded up $0.02 during mid-day trading on Friday, reaching $50.44. 4,047,642 shares of the company’s stock were exchanged, compared to its average volume of 3,834,822. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.93 and a 12-month high of $50.51. The stock’s 50 day moving average is $50.35 and its 200 day moving average is $50.31.

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.