Illumine Investment Management LLC Buys New Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Illumine Investment Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 72,847 shares of the company’s stock, valued at approximately $3,669,000. JPMorgan Ultra-Short Income ETF makes up approximately 3.0% of Illumine Investment Management LLC’s holdings, making the stock its 4th biggest position.

Several other institutional investors also recently bought and sold shares of the business. New Wave Wealth Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $25,000. Eastern Bank increased its holdings 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 worth $26,000 after buying an additional 250 shares during the last quarter. Kennebec Savings Bank acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $27,000. Maryland Capital Advisors Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth $31,000. Finally, Bogart Wealth LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 7,744.4% during the 4th quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock worth $36,000 after buying an additional 697 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.60 on Friday. The business has a fifty day simple moving average of $50.49 and a 200-day simple moving average of $50.53. 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.