Floyd Financial Group LLC Purchases New Shares in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Floyd Financial Group LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 75,979 shares of the company’s stock, valued at approximately $3,831,000. JPMorgan Ultra-Short Income ETF accounts for approximately 3.1% of Floyd Financial Group LLC’s holdings, making the stock its 11th largest holding.

Other hedge funds also recently bought and sold shares of the company. Eastern Bank boosted its position in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares during the period. Kennebec Savings Bank purchased a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $27,000. Hershey Financial Advisers LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $30,000. Whittier Trust Co. grew its stake in JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after acquiring an additional 295 shares in the last quarter. Finally, Wagner Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 188.4% in the 3rd quarter. Wagner Wealth Management LLC now owns 1,693 shares of the company’s stock valued at $86,000 after purchasing an additional 1,106 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.43 on Wednesday. The company has a 50 day simple moving average of $50.47 and a 200-day simple moving average of $50.51. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75.

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.