Cooper Financial Group Raises Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cooper Financial Group lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 475,706 shares of the company’s stock after buying an additional 74,280 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 2.9% of Cooper Financial Group’s portfolio, making the stock its 6th biggest position. Cooper Financial Group owned 0.10% of JPMorgan Ultra-Short Income ETF worth $23,961,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Future Financial Wealth Managment LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 3.9% during the fourth quarter. Future Financial Wealth Managment LLC now owns 41,878 shares of the company’s stock valued at $2,109,000 after acquiring an additional 1,566 shares in the last quarter. Salem Investment Counselors Inc. raised its position in JPMorgan Ultra-Short Income ETF by 4.5% during the 4th quarter. Salem Investment Counselors Inc. now owns 47,365 shares of the company’s stock valued at $2,395,000 after purchasing an additional 2,051 shares in the last quarter. Agate Pass Investment Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 25.5% in the 4th quarter. Agate Pass Investment Management LLC now owns 6,634 shares of the company’s stock worth $334,000 after buying an additional 1,350 shares during the period. Thomasville National Bank grew its position in shares of JPMorgan Ultra-Short Income ETF by 10.0% during the 4th quarter. Thomasville National Bank now owns 455,490 shares of the company’s stock worth $22,943,000 after buying an additional 41,444 shares in the last quarter. Finally, ACT Advisors LLC. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 388.1% during the fourth quarter. ACT Advisors LLC. now owns 176,666 shares of the company’s stock valued at $8,899,000 after buying an additional 140,475 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock remained flat at $50.42 during midday trading on Monday. 3,206,798 shares of the company’s stock traded hands, compared to its average volume of 6,054,177. The business’s 50 day moving average price is $50.47 and its 200-day moving average price is $50.51. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one 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.