Mascoma Wealth Management LLC Purchases 12,019 Shares of JPMorgan Ultra-Short Income ETF $JPST

Mascoma Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 430,219 shares of the company’s stock after purchasing an additional 12,019 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 4.7% of Mascoma Wealth Management LLC’s portfolio, making the stock its 6th largest holding. Mascoma Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $21,765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Rossmore Private Capital acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $25,000. Cardiff Park Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $25,000. Jackson Hole Capital Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $28,000. MGB Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $30,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $38,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.50 on Tuesday. The stock has a market cap of $37.53 billion, a P/E ratio of 109.78 and a beta of 0.01. The stock’s 50 day simple moving average is $50.54 and its 200-day simple moving average is $50.63. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.42 and a 1-year high of $50.79.

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.