Birch Capital Management LLC Has $780,000 Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Birch Capital Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 32.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 15,555 shares of the company’s stock after purchasing an additional 3,838 shares during the period. Birch Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $780,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JPST. TMD Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 227.6% during the 1st quarter. TMD Wealth Management LLC now owns 837,581 shares of the company’s stock worth $42,147,000 after buying an additional 581,948 shares in the last quarter. Sheets Smith Wealth Management increased its position in JPMorgan Ultra-Short Income ETF by 24.1% in the first quarter. Sheets Smith Wealth Management now owns 57,448 shares of the company’s stock worth $2,891,000 after purchasing an additional 11,156 shares during the period. Westside Investment Management Inc. raised its holdings in JPMorgan Ultra-Short Income ETF by 68.8% during the 1st quarter. Westside Investment Management Inc. now owns 65,400 shares of the company’s stock worth $3,291,000 after purchasing an additional 26,665 shares during the last quarter. Capital Advisors Wealth Management LLC lifted its position in JPMorgan Ultra-Short Income ETF by 76.3% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 256,194 shares of the company’s stock valued at $12,892,000 after purchasing an additional 110,872 shares during the period. Finally, Financial Advocates Investment Management boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 283.7% in the 4th quarter. Financial Advocates Investment Management now owns 232,310 shares of the company’s stock valued at $11,646,000 after purchasing an additional 171,762 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of NYSEARCA:JPST opened at $50.12 on Tuesday. The company has a 50 day moving average of $50.10 and a 200-day moving average of $50.16. JPMorgan Ultra-Short Income ETF has a one year low of $49.93 and a one year 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.