JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is McCarthy Asset Management Inc.’s 4th Largest Position

McCarthy Asset Management Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 379,152 shares of the company’s stock after purchasing an additional 1,691 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 12.0% of McCarthy Asset Management Inc.’s portfolio, making the stock its 4th biggest holding. McCarthy Asset Management Inc. owned about 0.08% of JPMorgan Ultra-Short Income ETF worth $19,238,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JPST. Kennebec Savings Bank purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $27,000. Hershey Financial Advisers LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $30,000. Triad Wealth Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $32,000. Central Bank & Trust Co. purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $50,000. Finally, Whittier Trust Co. raised its stake in JPMorgan Ultra-Short Income ETF by 29.5% in the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after acquiring an additional 295 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.49 on Tuesday. The business has a fifty day moving average of $50.51 and a 200 day moving average of $50.50. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75.

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.