Independent Advisor Alliance Purchases New Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Independent Advisor Alliance purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 272,774 shares of the company’s stock, valued at approximately $13,740,000. Independent Advisor Alliance owned 0.06% of JPMorgan Ultra-Short Income ETF at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. New Wave Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth $25,000. Eastern Bank grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares in the last quarter. Kennebec Savings Bank acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $27,000. Maryland Capital Advisors Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth $31,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth $33,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

NYSEARCA:JPST opened at $50.51 on Monday. The stock’s 50-day simple moving average is $50.49 and its 200 day simple moving average is $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month 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.