Intelligence Driven Advisers LLC Grows Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Intelligence Driven Advisers LLC increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,033 shares of the company’s stock after purchasing an additional 2,300 shares during the quarter. Intelligence Driven Advisers LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,011,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $25,000. First Pacific Financial increased its holdings in JPMorgan Ultra-Short Income ETF by 1,093.9% during the first quarter. First Pacific Financial now owns 585 shares of the company’s stock valued at $30,000 after buying an additional 536 shares during the last quarter. LRI Investments LLC bought a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth approximately $30,000. Triad Wealth Partners LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $32,000. Finally, Cooksen Wealth LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $36,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

Shares of NYSEARCA:JPST traded up $0.05 during midday trading on Friday, hitting $50.54. The company had a trading volume of 4,228,264 shares, compared to its average volume of 3,876,824. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.96 and a 12-month high of $50.68. The company has a fifty day moving average of $50.49 and a two-hundred day moving average of $50.41.

JPMorgan Ultra-Short Income ETF Company 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.