Harbour Investment Management LLC Takes Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Harbour Investment Management LLC bought a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 9,200 shares of the company’s stock, valued at approximately $467,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JPST. Transform Wealth LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 1.9% in the 2nd quarter. Transform Wealth LLC now owns 10,917 shares of the company’s stock worth $551,000 after purchasing an additional 200 shares during the period. InTrack Investment Management Inc raised its position in JPMorgan Ultra-Short Income ETF by 2.4% in the second quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock worth $454,000 after acquiring an additional 209 shares during the period. Etesian Wealth Advisors Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 3.4% during the 2nd quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock worth $322,000 after acquiring an additional 213 shares during the last quarter. Hayek Kallen Investment Management grew its position in shares of JPMorgan Ultra-Short Income ETF by 0.3% during the 3rd quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock valued at $3,881,000 after acquiring an additional 219 shares during the period. Finally, Aspen Wealth Strategies LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 1.0% in the 3rd quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock worth $1,372,000 after purchasing an additional 261 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST remained flat at $50.38 during mid-day trading on Friday. The company’s stock had a trading volume of 8,491,664 shares, compared to its average volume of 4,021,836. The company has a 50 day moving average of $50.59 and a two-hundred day moving average of $50.47. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.02 and a twelve 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.