Ergawealth Advisors Inc. Buys 3,694 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Ergawealth Advisors Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 86,697 shares of the company’s stock after acquiring an additional 3,694 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 2.2% of Ergawealth Advisors Inc.’s holdings, making the stock its 14th largest position. Ergawealth Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,367,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Guardian Wealth Advisors LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 25.1% in the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock worth $2,077,000 after acquiring an additional 8,276 shares in the last quarter. Essex LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 5.5% in the fourth quarter. Essex LLC now owns 230,834 shares of the company’s stock worth $11,627,000 after purchasing an additional 12,054 shares during the period. Delta Financial Group Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 265.1% during the fourth quarter. Delta Financial Group Inc. now owns 88,683 shares of the company’s stock valued at $4,467,000 after purchasing an additional 64,393 shares in the last quarter. Bridgewater Advisors Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock valued at $96,956,000 after purchasing an additional 193,580 shares during the last quarter. Finally, SMART Wealth LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 56.9% in the 4th quarter. SMART Wealth LLC now owns 76,777 shares of the company’s stock worth $3,867,000 after purchasing an additional 27,837 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.60 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The stock’s 50 day moving average is $50.49 and its 200 day moving average is $50.53.

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.