Childress Capital Advisors LLC Acquires 8,665 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Childress Capital Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 94,122 shares of the company’s stock after purchasing an additional 8,665 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 1.3% of Childress Capital Advisors LLC’s portfolio, making the stock its 17th largest position. Childress Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,750,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Roof Eidam Maycock Peralta LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 85.0% in the fourth quarter. Roof Eidam Maycock Peralta LLC now owns 252,973 shares of the company’s stock valued at $12,707,000 after purchasing an additional 116,230 shares in the last quarter. ADAR1 Capital Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $2,461,000. Valley Wealth Managers Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 32.9% during the fourth quarter. Valley Wealth Managers Inc. now owns 223,417 shares of the company’s stock valued at $11,222,000 after acquiring an additional 55,325 shares during the period. Peapack Gladstone Financial Corp lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 0.3% during the fourth quarter. Peapack Gladstone Financial Corp now owns 429,869 shares of the company’s stock valued at $21,592,000 after acquiring an additional 1,252 shares during the period. Finally, Insight 2811 Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 89.1% in the fourth quarter. Insight 2811 Inc. now owns 112,515 shares of the company’s stock valued at $5,652,000 after acquiring an additional 53,030 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.51 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.96 and a 1-year high of $50.68. The business has a 50-day moving average price of $50.49 and a two-hundred day moving average price of $50.40.

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.