Stonebridge Financial Group LLC Purchases Shares of 55,300 JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Stonebridge Financial Group LLC purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 55,300 shares of the company’s stock, valued at approximately $2,785,000.

A number of other large investors have also added to or reduced their stakes in the company. New Wave Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $25,000. Eastern Bank grew its position in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares during the last quarter. Kennebec Savings Bank purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $27,000. Sound Income Strategies LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 82.2% during the fourth quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock valued at $38,000 after acquiring an additional 338 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter worth $49,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

NYSEARCA:JPST opened at $50.45 on Tuesday. The firm’s fifty day simple moving average is $50.48 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 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.