Alliancebernstein L.P. Purchases New Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Alliancebernstein L.P. purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,166 shares of the company’s stock, valued at approximately $613,000.

Several other hedge funds have also bought and sold shares of the stock. HUB Investment Partners LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 41.5% in the 4th quarter. HUB Investment Partners LLC now owns 40,210 shares of the company’s stock valued at $2,025,000 after purchasing an additional 11,794 shares during the period. Guardian Wealth Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 25.1% in the fourth quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock valued at $2,077,000 after buying an additional 8,276 shares in the last quarter. Essex LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 5.5% in the fourth quarter. Essex LLC now owns 230,834 shares of the company’s stock worth $11,627,000 after acquiring an additional 12,054 shares during the period. Delta Financial Group Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 265.1% during the 4th quarter. Delta Financial Group Inc. now owns 88,683 shares of the company’s stock worth $4,467,000 after acquiring an additional 64,393 shares in the last quarter. Finally, Bridgewater Advisors Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock worth $96,956,000 after acquiring an additional 193,580 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.49 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The business has a 50-day moving average price of $50.51 and a 200 day moving average price of $50.50.

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.