JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Bought by Phoenix Wealth Advisors

Phoenix Wealth Advisors grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 33.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 778,719 shares of the company’s stock after purchasing an additional 195,052 shares during the period. JPMorgan Ultra-Short Income ETF makes up 17.0% of Phoenix Wealth Advisors’ holdings, making the stock its largest position. Phoenix Wealth Advisors’ holdings in JPMorgan Ultra-Short Income ETF were worth $39,224,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Eastern Bank boosted its position in JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares during the last quarter. Kennebec Savings Bank acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at approximately $27,000. Hershey Financial Advisers LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $30,000. Sugar Maple Asset Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $50,000. Finally, Whittier Trust Co. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 29.5% in the third quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after acquiring an additional 295 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.50 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The company has a fifty day moving average of $50.48 and a 200 day moving average of $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.