Cardinal Strategic Wealth Guidance Boosts Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Cardinal Strategic Wealth Guidance increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 147,437 shares of the company’s stock after acquiring an additional 10,197 shares during the period. JPMorgan Ultra-Short Income ETF comprises 2.0% of Cardinal Strategic Wealth Guidance’s investment portfolio, making the stock its 12th biggest position. Cardinal Strategic Wealth Guidance’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,462,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JPST. Lakeridge Wealth Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 4.5% during the fourth quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock worth $241,000 after purchasing an additional 206 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock valued at $434,000 after purchasing an additional 221 shares in the last quarter. Lantern Wealth Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.0% in the third quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock valued at $240,000 after purchasing an additional 226 shares in the last quarter. Keel Point LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock valued at $862,000 after purchasing an additional 239 shares in the last quarter. Finally, Atticus Wealth Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 3.2% during the 4th quarter. Atticus Wealth Management LLC now owns 7,897 shares of the company’s stock worth $399,000 after buying an additional 243 shares during the period. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPMorgan Ultra-Short Income ETF stock opened at $50.53 on Thursday. The firm has a market cap of $37.56 billion, a PE ratio of 109.85 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.41 and a 52-week high of $50.79. The company’s 50 day moving average is $50.52 and its two-hundred day moving average is $50.59.

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.