Fonville Wealth Management LLC Acquires 36,739 Shares of JPMorgan Ultra-Short Income ETF $JPST

Fonville Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 30.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 158,029 shares of the company’s stock after purchasing an additional 36,739 shares during the period. JPMorgan Ultra-Short Income ETF comprises 1.2% of Fonville Wealth Management LLC’s holdings, making the stock its 25th biggest position. Fonville Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,960,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of JPST. Rose Capital Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $543,000. Integrated Wealth Concepts LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 3.3% during the second quarter. Integrated Wealth Concepts LLC now owns 1,168,286 shares of the company’s stock worth $59,080,000 after buying an additional 37,846 shares during the period. Worth Asset Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 81.2% during the 3rd quarter. Worth Asset Management LLC now owns 187,616 shares of the company’s stock valued at $9,450,000 after acquiring an additional 84,093 shares in the last quarter. Beacon Financial Advisory LLC boosted its position in JPMorgan Ultra-Short Income ETF by 14.0% during the 2nd quarter. Beacon Financial Advisory LLC now owns 168,730 shares of the company’s stock valued at $8,533,000 after acquiring an additional 20,732 shares in the last quarter. Finally, Requisite Capital Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 29.4% during the 2nd quarter. Requisite Capital Management LLC now owns 612,480 shares of the company’s stock valued at $30,973,000 after acquiring an additional 139,271 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of NYSEARCA:JPST opened at $50.41 on Friday. The company has a market capitalization of $43.11 billion, a PE ratio of 109.59 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.79. The business’s fifty day simple moving average is $50.37 and its 200-day simple moving average is $50.51.

About JPMorgan Ultra-Short Income ETF

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.