JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Reaches New 12-Month High at $50.51

Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) reached a new 52-week high during trading on Wednesday . The company traded as high as $50.51 and last traded at $50.51, with a volume of 169495 shares traded. The stock had previously closed at $50.49.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

The stock’s 50 day moving average is $50.40 and its two-hundred day moving average is $50.36.

Institutional Investors Weigh In On JPMorgan Ultra-Short Income ETF

A number of hedge funds have recently modified their holdings of JPST. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $25,000. First Pacific Financial lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 1,093.9% in the 1st quarter. First Pacific Financial now owns 585 shares of the company’s stock valued at $30,000 after purchasing an additional 536 shares during the last quarter. Mine & Arao Wealth Creation & Management LLC. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $30,000. LRI Investments LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at about $30,000. Finally, Triad Wealth Partners LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the second quarter valued at about $32,000.

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.