Liberty Wealth Management LLC Buys New Shares in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Liberty Wealth Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 35,127 shares of the company’s stock, valued at approximately $1,773,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $25,000. First Pacific Financial increased its stake in JPMorgan Ultra-Short Income ETF by 1,093.9% during the first quarter. First Pacific Financial now owns 585 shares of the company’s stock worth $30,000 after acquiring an additional 536 shares during the last quarter. LRI Investments LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $30,000. Triad Wealth Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $32,000. Finally, Cooksen Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $36,000.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.56 on Tuesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.96 and a 1 year high of $50.68. The firm has a 50 day moving average price of $50.50 and a 200 day moving average price of $50.41.

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.