Strategic Financial Concepts LLC raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 7,199.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 620,003 shares of the company’s stock after buying an additional 611,509 shares during the quarter. Strategic Financial Concepts LLC owned about 0.14% of JPMorgan Ultra-Short Income ETF worth $31,230,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. New Wave Wealth Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $25,000. Eastern Bank boosted its holdings in JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares during the last quarter. Kennebec Savings Bank bought a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at $27,000. Sound Income Strategies LLC grew its position in JPMorgan Ultra-Short Income ETF by 82.2% in the fourth quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock valued at $38,000 after purchasing an additional 338 shares in the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $50,000.
JPMorgan Ultra-Short Income ETF Stock Performance
JPMorgan Ultra-Short Income ETF stock opened at $50.43 on Friday. The firm has a 50-day moving average of $50.48 and a 200-day moving average of $50.52. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 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.
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