Souders Financial Advisors Acquires 19,500 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Souders Financial Advisors increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 305,456 shares of the company’s stock after purchasing an additional 19,500 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 2.2% of Souders Financial Advisors’ holdings, making the stock its 11th biggest position. Souders Financial Advisors owned approximately 0.07% of JPMorgan Ultra-Short Income ETF worth $15,499,000 as of its most recent SEC filing.

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

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.43 on Wednesday. The stock has a 50 day moving average of $50.56 and a 200-day moving average of $50.48. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.09 and a 12 month 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.