United Advisor Group LLC Acquires 13,103 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

United Advisor Group LLC lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 109,840 shares of the company’s stock after buying an additional 13,103 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 1.3% of United Advisor Group LLC’s holdings, making the stock its 16th largest position. United Advisor Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,573,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $25,000. LRI Investments LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the first quarter valued at $30,000. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $30,000. Triad Wealth Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth about $32,000. Finally, EverSource Wealth Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 282.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock valued at $37,000 after buying an additional 542 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

JPST stock opened at $50.39 on Tuesday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.05 and a twelve month high of $50.75. The firm’s fifty day simple moving average is $50.58 and its two-hundred day simple moving average is $50.48.

About JPMorgan Ultra-Short Income ETF

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.