Aries Wealth Management Grows Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Aries Wealth Management increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,750 shares of the company’s stock after acquiring an additional 2,240 shares during the period. Aries Wealth Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,658,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Dynamic Advisor Solutions LLC grew its position in JPMorgan Ultra-Short Income ETF by 87.4% in the first quarter. Dynamic Advisor Solutions LLC now owns 536,136 shares of the company’s stock worth $27,145,000 after acquiring an additional 250,034 shares in the last quarter. McBroom & Associates LLC grew its position in JPMorgan Ultra-Short Income ETF by 15.1% in the first quarter. McBroom & Associates LLC now owns 27,765 shares of the company’s stock worth $1,406,000 after acquiring an additional 3,646 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 7.4% in the first quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 381,892 shares of the company’s stock worth $19,335,000 after acquiring an additional 26,270 shares in the last quarter. CRA Financial Services LLC grew its position in JPMorgan Ultra-Short Income ETF by 34.8% in the first quarter. CRA Financial Services LLC now owns 90,762 shares of the company’s stock worth $4,595,000 after acquiring an additional 23,445 shares in the last quarter. Finally, Opal Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth about $68,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPST opened at $50.52 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.25 and a 12 month high of $50.75. The stock has a 50-day moving average of $50.50 and a 200 day moving average 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.