Lokken Investment Group LLC Buys New Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Lokken Investment Group LLC purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 94,653 shares of the company’s stock, valued at approximately $4,777,000. JPMorgan Ultra-Short Income ETF comprises approximately 2.2% of Lokken Investment Group LLC’s portfolio, making the stock its 13th largest holding.

Several other large investors also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $25,000. LRI Investments LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $30,000. Triad Wealth Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $32,000. Cooksen Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $36,000. Finally, Tucker Asset Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 75.7% in the 4th quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock valued at $37,000 after acquiring an additional 317 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

JPST stock opened at $50.65 on Wednesday. The company has a fifty day moving average price of $50.53 and a 200 day moving average price of $50.42. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.96 and a 12 month high of $50.68.

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.