Jones Financial Companies Lllp Buys 271,107 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Jones Financial Companies Lllp lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 149.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 452,685 shares of the company’s stock after purchasing an additional 271,107 shares during the quarter. Jones Financial Companies Lllp owned about 0.10% of JPMorgan Ultra-Short Income ETF worth $22,802,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in JPST. New Wave Wealth Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $25,000. Eastern Bank grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% in 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 stake in JPMorgan Ultra-Short Income ETF in the third quarter worth $27,000. Maryland Capital Advisors Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $31,000. Finally, Bogart Wealth LLC lifted its position in JPMorgan Ultra-Short Income ETF by 7,744.4% during the fourth quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock valued at $36,000 after purchasing an additional 697 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.66 on Monday. The firm has a fifty day simple moving average of $50.49 and a two-hundred day simple moving average of $50.53. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week 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.