Creative Financial Designs Inc. ADV Boosts Holdings in JPMorgan Ultra-Short Income ETF $JPST

Creative Financial Designs Inc. ADV grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 140,246 shares of the company’s stock after buying an additional 10,382 shares during the period. Creative Financial Designs Inc. ADV’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,095,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. AE Wealth Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 3.9% in the 3rd quarter. AE Wealth Management LLC now owns 336,526 shares of the company’s stock valued at $17,072,000 after buying an additional 12,743 shares during the period. Mezzasalma Advisors LLC boosted its position in JPMorgan Ultra-Short Income ETF by 70.9% in the 4th quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock valued at $4,082,000 after buying an additional 33,446 shares during the period. Webster Bank N. A. boosted its position in JPMorgan Ultra-Short Income ETF by 27.0% in the 4th quarter. Webster Bank N. A. now owns 107,339 shares of the company’s stock valued at $5,430,000 after buying an additional 22,815 shares during the period. B. Riley Wealth Advisors Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 10.2% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 167,729 shares of the company’s stock valued at $8,509,000 after buying an additional 15,496 shares during the period. Finally, Cornerstone Wealth Group LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $934,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

Shares of JPST stock opened at $50.49 on Wednesday. The stock has a market capitalization of $37.53 billion, a PE ratio of 109.76 and a beta of 0.01. The firm has a 50 day moving average of $50.53 and a two-hundred day moving average of $50.62. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.42 and a 52 week high of $50.79.

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.