Sargent Investment Group LLC Boosts Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sargent Investment Group LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 39.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 71,630 shares of the company’s stock after acquiring an additional 20,361 shares during the quarter. Sargent Investment Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,635,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $25,000. Kennebec Savings Bank bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $27,000. LRI Investments LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth $30,000. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $30,000. Finally, Triad Wealth Partners LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $32,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST traded up $0.02 on Thursday, hitting $50.48. 16,844,707 shares of the company traded hands, compared to its average volume of 4,127,886. The business’s 50 day moving average price is $50.56 and its 200-day moving average price is $50.48. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.13 and a 52-week high of $50.75.

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.