Chesley Taft & Associates LLC Grows Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Chesley Taft & Associates LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,828 shares of the company’s stock after acquiring an additional 8,000 shares during the quarter. Chesley Taft & Associates LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Eastern Bank grew its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares during the last quarter. Kennebec Savings Bank purchased a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $27,000. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $30,000. Sugar Maple Asset Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $50,000. Finally, Whittier Trust Co. lifted its stake in JPMorgan Ultra-Short Income ETF by 29.5% in the third quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after acquiring an additional 295 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.49 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75. The company’s fifty day simple moving average is $50.48 and its two-hundred day simple moving average is $50.52.

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.