JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Sees Unusually-High Trading Volume – Still a Buy?

JPMorgan Ultra-Short Income ETF (NYSEARCA:JPSTGet Free Report) shares saw strong trading volume on Monday . 5,390,477 shares changed hands during mid-day trading, an increase of 29% from the previous session’s volume of 4,191,679 shares.The stock last traded at $50.53 and had previously closed at $50.52.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

The company has a fifty day moving average of $50.55 and a two-hundred day moving average of $50.49.

Institutional Trading of JPMorgan Ultra-Short Income ETF

Institutional investors have recently modified their holdings of the business. Synovus Financial Corp increased its holdings in JPMorgan Ultra-Short Income ETF by 80.4% in the third quarter. Synovus Financial Corp now owns 623,010 shares of the company’s stock worth $31,611,000 after purchasing an additional 277,669 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 4.2% during the third quarter. Sanctuary Advisors LLC now owns 115,726 shares of the company’s stock worth $5,846,000 after acquiring an additional 4,672 shares in the last quarter. Anchor Investment Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 3.5% in the third quarter. Anchor Investment Management LLC now owns 115,953 shares of the company’s stock worth $5,883,000 after purchasing an additional 3,967 shares during the period. Ballentine Capital Advisors Inc bought a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at $323,000. Finally, Discipline Wealth Solutions LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $227,000.

JPMorgan Ultra-Short Income ETF Company Profile

(Get Free Report)

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.

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