Affiance Financial LLC Raises Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Affiance Financial LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.2% during the fourth quarter, Holdings Channel reports. The firm owned 17,961 shares of the company’s stock after purchasing an additional 1,949 shares during the period. Affiance Financial LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $905,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Eastern Bank lifted its position in JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares in the last quarter. Kennebec Savings Bank acquired a new stake in JPMorgan Ultra-Short Income ETF in the third quarter worth approximately $27,000. Hershey Financial Advisers LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $30,000. Sound Income Strategies LLC raised its position in 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 buying an additional 338 shares during the period. Finally, Sugar Maple Asset Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $50,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of JPST opened at $50.53 on Friday. The company’s fifty day moving average price is $50.48 and its 200 day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75.

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.