Benchmark Financial Wealth Advisors LLC Buys New Shares in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Benchmark Financial Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 5,980 shares of the company’s stock, valued at approximately $301,000.

Several other institutional investors have also recently made changes to their positions in the stock. New Wave Wealth Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $25,000. Eastern Bank lifted its holdings in JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares in the last quarter. Kennebec Savings Bank bought a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth approximately $27,000. Sound Income Strategies LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 82.2% in the fourth quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after purchasing an additional 338 shares in the last quarter. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $50,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.44 on Thursday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75. The company has a fifty day moving average of $50.48 and a 200 day moving average of $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.