MBA Advisors LLC Acquires 7,740 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

MBA Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 55,212 shares of the company’s stock after purchasing an additional 7,740 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 1.4% of MBA Advisors LLC’s portfolio, making the stock its 21st biggest position. MBA Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,781,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. New Wave Wealth Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $25,000. Eastern Bank grew its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares in the last quarter. Kennebec Savings Bank purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at about $27,000. Sound Income Strategies LLC lifted its position in shares of 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 valued at $38,000 after purchasing an additional 338 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $49,000.

JPMorgan Ultra-Short Income ETF Trading Down 0.0 %

NYSEARCA:JPST opened at $50.43 on Monday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75. The firm has a 50-day moving average price of $50.48 and a two-hundred day moving average price of $50.52.

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.