Flavin Financial Services Inc. Acquires Shares of 83,961 JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Flavin Financial Services Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 83,961 shares of the company’s stock, valued at approximately $4,229,000. JPMorgan Ultra-Short Income ETF makes up about 4.0% of Flavin Financial Services Inc.’s holdings, making the stock its 3rd biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of JPST. New Wave Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $25,000. Eastern Bank raised its position in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares during the period. Kennebec Savings Bank acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 82.2% during the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after purchasing 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 worth approximately $50,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.42 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The stock’s 50 day moving average price is $50.49 and its 200 day moving average price is $50.53.

About JPMorgan Ultra-Short Income ETF

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.