5,879 Shares in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Purchased by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 5,879 shares of the company’s stock, valued at approximately $297,000.

A number of other hedge funds have also added to or reduced their stakes in JPST. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $25,000. LRI Investments LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 1st quarter valued at $30,000. Hershey Financial Advisers LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $30,000. Triad Wealth Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $32,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 282.3% in the first quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock valued at $37,000 after purchasing an additional 542 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.57 on Thursday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $49.97 and a fifty-two week high of $50.75. The company’s 50-day moving average is $50.58 and its 200 day moving average is $50.45.

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.