Means Investment CO. Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) in the fourth quarter, HoldingsChannel reports. The fund acquired 5,489 shares of the company’s stock, valued at approximately $276,000.
Other institutional investors also recently modified their holdings of the company. New Wave Wealth Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $25,000. Eastern Bank boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares during the period. Kennebec Savings Bank bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth approximately $27,000. Sound Income Strategies LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 82.2% in the fourth 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 last quarter. Finally, Sugar Maple Asset Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $50,000.
JPMorgan Ultra-Short Income ETF Stock Performance
JPST opened at $50.60 on Monday. The business has a fifty day simple moving average of $50.49 and a 200 day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75.
JPMorgan Ultra-Short Income ETF 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.
Read More
- Five stocks we like better than JPMorgan Ultra-Short Income ETF
- Bank Stocks – Best Bank Stocks to Invest In
- 3 REITs to Watch as Interest Rates Keep Falling
- Top Stocks Investing in 5G Technology
- 3 Stocks to Gain From Trump’s Return-to-Office Mandate
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Crane Stock Soars, But the Best Could Be Yet to Come: Here’s Why
Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).
Receive News & Ratings for JPMorgan Ultra-Short Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Ultra-Short Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
