Golden State Wealth Management LLC Purchases Shares of 39,142 JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Golden State Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 39,142 shares of the company’s stock, valued at approximately $1,972,000.

Several other institutional investors also recently modified their holdings of the company. New Wave Wealth Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $25,000. Eastern Bank boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares during the period. Kennebec Savings Bank acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC raised its stake in JPMorgan Ultra-Short Income ETF by 82.2% in the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock valued at $38,000 after acquiring an additional 338 shares during the period. Finally, Sugar Maple Asset Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $50,000.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.44 on Friday. The firm’s fifty day moving average price is $50.48 and its two-hundred day moving average price is $50.52. 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.