Flagship Harbor Advisors LLC Invests $23.52 Million in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Flagship Harbor Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 463,500 shares of the company’s stock, valued at approximately $23,518,000. JPMorgan Ultra-Short Income ETF accounts for approximately 1.3% of Flagship Harbor Advisors LLC’s portfolio, making the stock its 15th largest holding.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at $25,000. LRI Investments LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at $30,000. Hershey Financial Advisers LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $30,000. Triad Wealth Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $32,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 282.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock valued at $37,000 after purchasing an additional 542 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST remained flat at $50.57 on Tuesday. 2,748,158 shares of the company’s stock were exchanged, compared to its average volume of 3,958,837. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.97 and a 52-week high of $50.75. The stock’s fifty day simple moving average is $50.59 and its two-hundred day simple moving average is $50.46.

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.