Coordinated Financial Services Inc. Makes New $473,000 Investment in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Coordinated Financial Services Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 9,400 shares of the company’s stock, valued at approximately $473,000.

Several other large investors have also bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 26.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after purchasing an additional 15,245,816 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 0.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock valued at $690,096,000 after buying an additional 91,729 shares in the last quarter. LPL Financial LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 7.6% during the third quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock worth $566,868,000 after buying an additional 789,054 shares during the last quarter. HB Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after buying an additional 838,189 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after buying an additional 103,192 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.51 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The stock’s fifty day simple moving average is $50.49 and its 200 day simple moving average is $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.