JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Purchased by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 87,975 shares of the company’s stock after acquiring an additional 10,660 shares during the quarter. Foundations Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,431,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. The Manufacturers Life Insurance Company lifted its holdings in JPMorgan Ultra-Short Income ETF by 6.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 31,200 shares of the company’s stock valued at $1,575,000 after purchasing an additional 2,000 shares in the last quarter. Newport Capital Group LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $3,648,000. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $30,000. Next Capital Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 47.3% in the 2nd quarter. Next Capital Management LLC now owns 45,203 shares of the company’s stock worth $2,281,000 after acquiring an additional 14,524 shares during the period. Finally, Advisory Alpha LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 5.6% in the 2nd quarter. Advisory Alpha LLC now owns 115,038 shares of the company’s stock valued at $5,806,000 after acquiring an additional 6,136 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.55 on Tuesday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75. The stock’s fifty day simple moving average is $50.48 and its 200-day simple moving average is $50.52.

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.