Woodard & Co. Asset Management Group Inc. ADV Acquires Shares of 71,801 JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Woodard & Co. Asset Management Group Inc. ADV acquired a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 71,801 shares of the company’s stock, valued at approximately $3,613,000. JPMorgan Ultra-Short Income ETF comprises 1.3% of Woodard & Co. Asset Management Group Inc. ADV’s holdings, making the stock its 13th largest position.

A number of other institutional investors have also modified their holdings of the stock. Stonehearth Capital Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 0.8% in the 4th quarter. Stonehearth Capital Management LLC now owns 470,497 shares of the company’s stock valued at $23,586,000 after purchasing an additional 3,866 shares in the last quarter. HighTower Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 19.0% in the 4th quarter. HighTower Advisors LLC now owns 849,229 shares of the company’s stock worth $42,586,000 after buying an additional 135,465 shares during the last quarter. Citigroup Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 49.7% in the 4th quarter. Citigroup Inc. now owns 152,320 shares of the company’s stock worth $7,636,000 after buying an additional 50,558 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 11,492.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 7,767 shares of the company’s stock worth $389,000 after buying an additional 7,700 shares during the last quarter. Finally, Horizon Kinetics Asset Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 756.9% in the 4th quarter. Horizon Kinetics Asset Management LLC now owns 42,192 shares of the company’s stock worth $2,115,000 after buying an additional 37,268 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.07 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.93 and a 12-month high of $50.40. The business’s 50-day moving average is $50.09 and its 200 day moving average is $50.17.

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.