JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Bought by Seamount Financial Group Inc.

Seamount Financial Group Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 21,646 shares of the company’s stock after acquiring an additional 410 shares during the period. Seamount Financial Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,090,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. New Wave Wealth Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $25,000. Eastern Bank boosted its position 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 worth $26,000 after acquiring an additional 250 shares during the last quarter. Kennebec Savings Bank purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $27,000. Sound Income Strategies LLC increased its position in JPMorgan Ultra-Short Income ETF by 82.2% during the fourth quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after purchasing an additional 338 shares during the last quarter. Finally, Sugar Maple Asset Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $50,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.43 on Friday. The firm has a fifty day moving average of $50.48 and a 200-day moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75.

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.