Gray Wealth Management Inc. Buys 21,149 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Gray Wealth Management Inc. increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 40.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 73,340 shares of the company’s stock after purchasing an additional 21,149 shares during the period. JPMorgan Ultra-Short Income ETF makes up 1.4% of Gray Wealth Management Inc.’s holdings, making the stock its 21st biggest holding. Gray Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,694,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. New Wave Wealth Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $25,000. Eastern Bank raised its holdings in JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares during the last quarter. Maryland Capital Advisors Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $31,000. Cullen Frost Bankers Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $33,000. Finally, Bogart Wealth LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 7,744.4% during the fourth quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock worth $36,000 after buying an additional 697 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.52 on Monday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The firm has a fifty day simple moving average of $50.50 and a 200 day simple moving average of $50.52.

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.