14,596 Shares in JPMorgan Ultra-Short Income ETF $JPST Acquired by Decker Wealth Management LLC

Decker Wealth Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the first quarter, HoldingsChannel.com reports. The fund purchased 14,596 shares of the company’s stock, valued at approximately $739,000.

A number of other hedge funds also recently made changes to their positions in the stock. Greenwood Gearhart LLC grew its stake in JPMorgan Ultra-Short Income ETF by 9.6% during the first quarter. Greenwood Gearhart LLC now owns 1,739,531 shares of the company’s stock worth $88,038,000 after buying an additional 151,747 shares during the period. Koss Olinger Consulting LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at $404,000. Paces Ferry Wealth Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.5% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 260,513 shares of the company’s stock valued at $13,185,000 after acquiring an additional 18,117 shares in the last quarter. Hershey Financial Advisers LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter valued at $249,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter valued at $75,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.50 on Monday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.39 and a twelve month high of $50.79. The stock has a market cap of $40.02 billion, a price-to-earnings ratio of 109.78 and a beta of 0.01. The company has a fifty day moving average price of $50.49 and a 200 day moving average price of $50.57.

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.