Redmont Wealth Advisors LLC Boosts Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Redmont Wealth Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 186.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,960 shares of the company’s stock after buying an additional 10,381 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 1.3% of Redmont Wealth Advisors LLC’s holdings, making the stock its 16th biggest holding. Redmont Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $810,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Scott Capital Advisors LLC lifted its position in JPMorgan Ultra-Short Income ETF by 2.8% during the first quarter. Scott Capital Advisors LLC now owns 225,146 shares of the company’s stock valued at $11,327,000 after buying an additional 6,154 shares in the last quarter. Concourse Financial Group Securities Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 16.0% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 8,524 shares of the company’s stock worth $430,000 after purchasing an additional 1,178 shares during the period. Oppenheimer & Co. Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 33.4% during the 1st quarter. Oppenheimer & Co. Inc. now owns 81,809 shares of the company’s stock worth $4,127,000 after purchasing an additional 20,492 shares during the period. Brookstone Capital Management raised its position in JPMorgan Ultra-Short Income ETF by 14.7% in the second quarter. Brookstone Capital Management now owns 26,243 shares of the company’s stock valued at $1,324,000 after purchasing an additional 3,354 shares during the period. Finally, First Horizon Advisors Inc. raised its position in JPMorgan Ultra-Short Income ETF by 18.5% in the second quarter. First Horizon Advisors Inc. now owns 3,200 shares of the company’s stock valued at $162,000 after purchasing an additional 500 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Down 0.0 %

Shares of NYSEARCA JPST opened at $50.56 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.97 and a 1-year high of $50.75. The business has a 50-day moving average of $50.58 and a 200-day moving average of $50.45.

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.