Exchange Traded Concepts LLC acquired a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 150,306 shares of the company’s stock, valued at approximately $7,571,000.
Other institutional investors have also added to or reduced their stakes in the company. Eastern Bank lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares in the last quarter. Kennebec Savings Bank bought a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth $27,000. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at $30,000. Sound Income Strategies LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 82.2% during the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock valued at $38,000 after purchasing an additional 338 shares during the period. Finally, Sugar Maple Asset Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $50,000.
JPMorgan Ultra-Short Income ETF Stock Up 0.0 %
JPST stock opened at $50.53 on Friday. The stock has a 50-day simple moving average of $50.48 and a two-hundred day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month 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.
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