Scott Capital Advisors LLC Boosts Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Scott Capital Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 26.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 199,018 shares of the company’s stock after acquiring an additional 41,131 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 4.3% of Scott Capital Advisors LLC’s holdings, making the stock its 6th biggest position. Scott Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,979,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Gradient Investments LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 265.0% in the 1st quarter. Gradient Investments LLC now owns 511 shares of the company’s stock valued at $26,000 after buying an additional 371 shares in the last quarter. Coppell Advisory Solutions Corp. acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $32,000. Sunbelt Securities Inc. acquired a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at $38,000. Tanglewood Legacy Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $39,000. Finally, Householder Group Estate & Retirement Specialist LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at $39,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST remained flat at $50.11 on Monday. The company’s stock had a trading volume of 623,609 shares, compared to its average volume of 4,696,628. The stock’s fifty day moving average is $50.10 and its two-hundred day moving average is $50.16. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.40.

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.