Zega Financial LLC Has $1.53 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Zega Financial LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 30.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,205 shares of the company’s stock after buying an additional 7,047 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 0.2% of Zega Financial LLC’s portfolio, making the stock its 27th largest position. Zega Financial LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,533,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in JPST. Kennebec Savings Bank acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $27,000. Hershey Financial Advisers LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $30,000. Triad Wealth Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $32,000. Central Bank & Trust Co. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $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 valued at $66,000 after buying an additional 295 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Friday. The stock’s 50 day moving average is $50.52 and its 200 day moving average is $50.50. JPMorgan Ultra-Short Income ETF has a one year low of $50.19 and a one year high of $50.75.

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.