McClarren Financial Advisors Inc. Makes New $69,000 Investment in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

McClarren Financial Advisors Inc. bought a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,375 shares of the company’s stock, valued at approximately $69,000.

Other institutional investors have also made changes to their positions in the company. TAP Consulting LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 72.0% in the 4th quarter. TAP Consulting LLC now owns 141,607 shares of the company’s stock worth $7,113,000 after purchasing an additional 59,273 shares during the period. VCI Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $6,627,000. Abbrea Capital LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.0% during the 4th quarter. Abbrea Capital LLC now owns 301,810 shares of the company’s stock valued at $15,232,000 after acquiring an additional 8,871 shares in the last quarter. Fountainhead AM LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 33.4% in the fourth quarter. Fountainhead AM LLC now owns 390,646 shares of the company’s stock worth $19,622,000 after acquiring an additional 97,848 shares during the last quarter. Finally, Weatherly Asset Management L. P. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 6.2% during the fourth quarter. Weatherly Asset Management L. P. now owns 403,780 shares of the company’s stock worth $20,377,000 after acquiring an additional 23,665 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST traded up $0.01 on Thursday, reaching $50.39. The stock had a trading volume of 4,015,982 shares, compared to its average volume of 3,831,777. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.93 and a 1 year high of $50.51. The business has a 50 day moving average price of $50.34 and a 200 day moving average price of $50.28.

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.