JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Purchased by Vawter Financial Ltd.

Vawter Financial Ltd. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 34.6% during the first quarter, HoldingsChannel.com reports. The firm owned 74,550 shares of the company’s stock after purchasing an additional 19,155 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 2.1% of Vawter Financial Ltd.’s holdings, making the stock its 17th largest holding. Vawter Financial Ltd.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,774,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of JPST. Howe & Rusling Inc. purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $26,000. Logan Capital Management Inc. purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $27,000. Cooksen Wealth LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the first quarter worth approximately $36,000. Cohalo Advisory LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $55,000. Finally, Coppell Advisory Solutions LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 32.7% in the fourth quarter. Coppell Advisory Solutions LLC now owns 1,161 shares of the company’s stock valued at $59,000 after acquiring an additional 286 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.63 on Friday. The company has a market cap of $32.26 billion, a PE ratio of 110.07 and a beta of 0.03. The stock’s 50 day simple moving average is $50.55 and its 200-day simple moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.75.

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.