JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Position Increased by Pinnacle Bancorp Inc.

Pinnacle Bancorp Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 57.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,500 shares of the company’s stock after purchasing an additional 2,000 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $277,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in JPST. Eastern Bank boosted its holdings 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 valued at $26,000 after acquiring an additional 250 shares during the period. Kennebec Savings Bank acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $27,000. Hershey Financial Advisers LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $30,000. Whittier Trust Co. boosted its stake in JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after purchasing an additional 295 shares during the period. Finally, Wagner Wealth Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 188.4% in the 3rd quarter. Wagner Wealth Management LLC now owns 1,693 shares of the company’s stock worth $86,000 after purchasing an additional 1,106 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.47 on Thursday. The firm’s 50 day moving average is $50.47 and its two-hundred day moving average is $50.51. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week 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.