MidAtlantic Capital Management Inc. Invests $161,000 in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,173 shares of the company’s stock, valued at approximately $161,000.

Other institutional investors also recently bought and sold shares of the company. Whittier Trust Co. raised its stake in JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after purchasing an additional 295 shares during the period. Brookstone Capital Management lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 14.7% during the 2nd quarter. Brookstone Capital Management now owns 26,243 shares of the company’s stock worth $1,324,000 after acquiring an additional 3,354 shares during the last quarter. Jaffetilchin Investment Partners LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 9.5% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 100,508 shares of the company’s stock worth $5,100,000 after acquiring an additional 8,704 shares during the last quarter. First Horizon Advisors Inc. raised its position in JPMorgan Ultra-Short Income ETF by 18.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 3,200 shares of the company’s stock valued at $162,000 after purchasing an additional 500 shares in the last quarter. Finally, GYL Financial Synergies LLC raised its position in JPMorgan Ultra-Short Income ETF by 14.1% during the 2nd quarter. GYL Financial Synergies LLC now owns 6,360 shares of the company’s stock valued at $321,000 after purchasing an additional 785 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.49 on Monday. The stock’s fifty day moving average price is $50.56 and its 200 day moving average price is $50.48. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.13 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.