JNBA Financial Advisors Acquires 774 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

JNBA Financial Advisors boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,948 shares of the company’s stock after purchasing an additional 774 shares during the quarter. JNBA Financial Advisors’ holdings in JPMorgan Ultra-Short Income ETF were worth $2,163,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Strategic Financial Concepts LLC raised its stake in JPMorgan Ultra-Short Income ETF by 1,136.1% during the 4th quarter. Strategic Financial Concepts LLC now owns 104,991 shares of the company’s stock valued at $5,288,000 after purchasing an additional 96,497 shares during the last quarter. Principal Securities Inc. grew its position in JPMorgan Ultra-Short Income ETF by 13.9% in the 4th quarter. Principal Securities Inc. now owns 70,963 shares of the company’s stock worth $3,574,000 after purchasing an additional 8,635 shares during the last quarter. Little House Capital LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 9.0% during the 4th quarter. Little House Capital LLC now owns 119,692 shares of the company’s stock worth $6,029,000 after purchasing an additional 9,847 shares during the period. Centerpoint Advisory Group acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $519,000. Finally, Palumbo Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $20,858,000.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.50 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The business’s 50-day simple moving average is $50.48 and its 200 day simple moving average is $50.52.

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.