Capital Asset Advisory Services LLC Increases Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Capital Asset Advisory Services LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 500,486 shares of the company’s stock after purchasing an additional 6,934 shares during the period. JPMorgan Ultra-Short Income ETF comprises 1.2% of Capital Asset Advisory Services LLC’s investment portfolio, making the stock its 23rd largest position. Capital Asset Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $25,225,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of JPST. Eastern Bank increased its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares during the period. Kennebec Savings Bank purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $27,000. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $30,000. Sound Income Strategies LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 82.2% during the fourth quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock valued at $38,000 after buying an additional 338 shares during the period. Finally, Sugar Maple Asset Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $50,000.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.53 on Monday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75. The stock’s 50 day moving average price is $50.48 and its 200-day moving average price is $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.