Berkshire Bank Raises Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Berkshire Bank lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 540,834 shares of the company’s stock after acquiring an additional 13,131 shares during the period. JPMorgan Ultra-Short Income ETF makes up 6.3% of Berkshire Bank’s investment portfolio, making the stock its 2nd biggest position. Berkshire Bank owned about 0.12% of JPMorgan Ultra-Short Income ETF worth $27,242,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JPST. Hayek Kallen Investment Management boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 0.3% in the 3rd quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock valued at $3,881,000 after purchasing an additional 219 shares in the last quarter. Eastern Bank grew its stake in shares of 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 buying an additional 250 shares during the last quarter. Aspen Wealth Strategies LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 1.0% during the third quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock valued at $1,372,000 after buying an additional 261 shares during the last quarter. Edgestream Partners L.P. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.6% in the third quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock worth $2,411,000 after buying an additional 262 shares during the period. Finally, Unique Wealth LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the 4th quarter. Unique Wealth LLC now owns 18,979 shares of the company’s stock valued at $956,000 after acquiring an additional 262 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.55 on Tuesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The stock’s 50 day simple moving average is $50.48 and its 200 day simple moving average is $50.52.

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.