Sargent Investment Group LLC Purchases 20,361 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sargent Investment Group LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 39.7% during the 3rd quarter, Holdings Channel reports. The fund owned 71,630 shares of the company’s stock after purchasing an additional 20,361 shares during the period. Sargent Investment Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,635,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $25,000. Kennebec Savings Bank acquired a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $27,000. LRI Investments LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $30,000. Hershey Financial Advisers LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $30,000. Finally, Triad Wealth Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $32,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

Shares of JPST stock traded up $0.02 during trading on Thursday, hitting $50.48. 16,844,707 shares of the stock traded hands, compared to its average volume of 4,127,886. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.13 and a 52-week high of $50.75. The firm’s fifty day moving average price is $50.56 and its 200-day moving average price is $50.48.

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.