Verus Capital Partners LLC Purchases 2,006 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Verus Capital Partners LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 37.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 7,347 shares of the company’s stock after purchasing an additional 2,006 shares during the period. Verus Capital Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $373,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds 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 valued at $25,000. Kennebec Savings Bank bought a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at about $27,000. LRI Investments LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the first quarter worth about $30,000. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth about $30,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $32,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.43 on Wednesday. The stock’s 50 day simple moving average is $50.56 and its 200 day simple moving average is $50.48. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.09 and a 1 year 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.