JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Bought by Valmark Advisers Inc.

Valmark Advisers Inc. raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 769,105 shares of the company’s stock after buying an additional 66,046 shares during the quarter. Valmark Advisers Inc. owned about 0.17% of JPMorgan Ultra-Short Income ETF worth $38,740,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. New Wave Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $25,000. Eastern Bank lifted its position 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 purchasing an additional 250 shares in the last quarter. Kennebec Savings Bank acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth about $27,000. Maryland Capital Advisors Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $31,000. Finally, Bogart Wealth LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 7,744.4% during the fourth quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock worth $36,000 after purchasing an additional 697 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.50 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The company’s 50-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.