TABR Capital Management LLC Buys Shares of 5,622 JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

TABR Capital Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,622 shares of the company’s stock, valued at approximately $283,000. JPMorgan Ultra-Short Income ETF makes up 0.2% of TABR Capital Management LLC’s holdings, making the stock its 25th largest holding.

A number of other large investors also recently modified their holdings of the company. Eastern Bank increased its holdings in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares in the last quarter. Kennebec Savings Bank bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth about $27,000. Hershey Financial Advisers LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $30,000. Sugar Maple Asset Management LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $50,000. Finally, Whittier Trust Co. boosted its position 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 worth $66,000 after buying an additional 295 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.51 on Friday. The firm has a 50 day moving average price of $50.48 and a two-hundred day moving average price of $50.52. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75.

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.