Sequoia Financial Advisors LLC Purchases 4,071 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sequoia Financial Advisors LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 34,040 shares of the company’s stock after acquiring an additional 4,071 shares during the period. Sequoia Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,715,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. New Wave Wealth Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $25,000. Eastern Bank boosted its stake 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 valued at $26,000 after purchasing an additional 250 shares in the last quarter. Maryland Capital Advisors Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $31,000. Cullen Frost Bankers Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $33,000. Finally, Bogart Wealth LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 7,744.4% during the 4th quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock valued at $36,000 after purchasing an additional 697 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Down 0.0 %

Shares of JPST opened at $50.52 on Friday. The firm’s 50-day moving average price is $50.50 and its 200-day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75.

JPMorgan Ultra-Short Income ETF 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.