Total Clarity Wealth Management Inc. Raises Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Total Clarity Wealth Management Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 59.8% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 12,565 shares of the company’s stock after purchasing an additional 4,704 shares during the period. Total Clarity Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $634,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $25,000. LRI Investments LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the first quarter valued at about $30,000. Triad Wealth Partners LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at about $32,000. Cooksen Wealth LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $36,000. Finally, Tucker Asset Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 75.7% in the fourth quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock worth $37,000 after buying an additional 317 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.61 on Monday. The stock has a 50-day moving average of $50.52 and a 200-day moving average of $50.41. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.96 and a 1-year high of $50.68.

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.